Tax

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    India asks tax dodgers to come clean by March 2017

    Business Desk | Updated at 10:02pm on December 17, 2016

    The government said on Friday that tax-dodgers have until the end of March 2017 to come clean under a scheme announced by finance minister Arun...

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    Revenue board chief urges shop owners to install ECR

    Staff Correspondent | Updated at 09:46pm on December 15, 2016

    National Board of Revenue chairman Md Nojibur Rahman on Thursday urged shop owners to install electronic cash register machines for maintaining accurate records of transactions...

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    NBR to prepare list of dropout taxpayers

    Staff Correspondent | Updated at 09:44pm on December 15, 2016

    The National Board of Revenue has instructed its field-level tax offices to identify the income taxpayers of the last fiscal year who failed to file...

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    Cottage industry exempted from mandatory VAT registration

    Staff Correspondent | Updated at 01:51am on December 15, 2016

    Cottage industries located in the Dhaka and Chittagong City Corporation areas will continue to enjoy exemption from paying value-added tax and obtaining mandatory business identification...

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    Payment of VAT, SD: Govt to lend Tk 1,000cr to Petrobangla

    Manjurul Ahsan | Updated at 01:49am on December 15, 2016

    The government has decided to provide state-run Petrobangla with Tk 1,000 crore in credit to enable it to pay a part of outstanding amount in...

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    Bring 5 lakh business entities under VAT net by 2021

    Staff Correspondent | Updated at 10:29pm on December 11, 2016

    Finance minister Abul Maal Abdul Muhith on Sunday asked the National Board of Revenue to set a target of bringing five lakh businesses under the...

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    80pc consumers think their VAT payments don’t go to govt

    Jasim Uddin | Updated at 03:12am on December 11, 2016

    A high degree of mistrust regarding the value-added tax exits among consumers as most of them think that businesses, who collect VAT from consumers, do...

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    PM greets taxpayers, officials on National VAT Day

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 10:25pm on December 09, 2016

    Prime minister Sheikh Hasina on Friday greeted the taxpayers, value-added tax administration, officials and employees on the occasion of National VAT Day and National VAT...

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    VAT week starts today

    Staff Correspondent | Updated at 11:06pm on December 08, 2016

    Value-Added Tax week starts from today aiming to create awareness among consumers about payment of the tax while purchasing VAT applicable goods and services and...

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    NBR selects 8,007 shops for ECR distribution at subsidised rate

    Staff Correspondent | Updated at 10:28pm on December 04, 2016

    The National Board of Revenue has selected 8,007 shops for distributing electronic cash register (ECR) machines at subsidised price to prevent VAT evasion by the...

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