Tax

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    NBR likely to retain e-BINs under existing VAT law

    Staff Correspondent | Updated at 11:06pm on July 13, 2017

    The National Board of Revenue is likely to keep up the nine-digit new electronic business identification number under the existing value-added tax law and scrap...

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    Tax receipt from DSE rises by 46pc last fiscal

    Staff Correspondent | Updated at 10:42pm on July 06, 2017

    Government’s tax collection from the Dhaka Stock Exchange increased by 45.98 per cent or Tk 86 crore in last fiscal year compared with that in the...

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    Govt in critical position to make up Tk 20,000cr revenue shortfall: Muhith

    Staff Correspondent | Updated at 10:43pm on July 05, 2017

    The government is in a ‘critical’ position as the suspension of 15 cent uniform rate of value added tax would cause Tk 20,000 crore shortfall...

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    Muhith hints at changing fiscal year

    Staff Correspondent | Updated at 10:38pm on July 05, 2017

    Finance minister AMA Muhith on Wednesday hinted at changing the fiscal year against the backdrop of demands by the economists for improving the implementation of...

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    Telcos lose tribunal battle over Tk 2,048cr SIM replacement tax

    Jasim Uddin | Updated at 09:50pm on July 05, 2017

    The National Board of Revenue has demanded Tk 883.32 crore from four mobile phone operators alleging that they had dodged the amount as SIM replacement...

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    VAT automation to continue despite suspension of new law

    Jasim Uddin | Updated at 10:58pm on July 04, 2017

    The National Board of Revenue will continue its move to automate the value-added tax system under the existing law despite suspension of the new VAT...

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    Delayed B’desh VAT execution stalls revenue reform: Moody’s

    Staff Correspondent | Updated at 12:02am on July 04, 2017

    Global credit rating agency Moody’s Investors Service on Monday said that delayed implementation of the new VAT law by Bangladesh was ‘credit negative’ as it...

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    AIT for contractors, suppliers hiked

    Staff Correspondent | Updated at 11:55pm on July 03, 2017

    The National Board of Revenue has increased the rates of advance income tax (AIT) on the income of contractors and suppliers earned through execution of...

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    NBR achieves revised revenue collection target

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 02:57am on July 02, 2017

    The National Board of Revenue exceeded the revenue collection target for the outgoing fiscal year 2016-17 as it collected Tk 1,08,571 crore, up Tk 71...

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    Indian opposition to boycott tax launch

    Agence France-Presse . New Delhi | Updated at 10:41pm on June 30, 2017

    Indian opposition parties vowed Friday to boycott the launch of a new national tax, adding to the strain ahead of the country’s biggest ever fiscal...

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