• 

  Trump China tariffs could cost billions for consumers: study

  Reuters | Updated at 12:00am on June 23, 2019

  If the United States does impose tariffs on another $300 billion worth of Chinese goods, it would cost US consumers $12.2 billion more for apparel,...

• 

  BCI seeks withdrawal of 15pc tax on cos’ reserve, retained earnings

  Staff Correspondent | Updated at 12:00am on June 23, 2019

  Bangladesh Chamber of Industries on Saturday demanded withdrawal of 15 per cent tax on retained earnings and reserve of listed companies which was imposed in...

• 

  11 more service providers must use EFD

  Jasim Uddin | Updated at 12:00am on June 23, 2019

  National Board of Revenue has made the use of electronic fiscal device (EFD) mandatory for 11 new types of service providers having annual turnover over...

• 

  Economists say heavy burden of VAT on people proposed

  Staff Correspondent | Updated at 05:12pm on June 21, 2019

  A hefty target of Value Added Tax has been proposed in the budget for the fiscal year 2019-20, which would create a heavy burden on...

• 

  Advance tax puts importers in trouble to get goods released

  Staff Correspondent | Updated at 12:10am on June 21, 2019

  Importers are facing difficulties to get their goods released from the port due to shortage of running capital to pay newly imposed advance tax (AT)...

• 

  Car manufacturers get VAT, SD waiver for raw material import

  Jasim Uddin | Updated at 12:10am on June 21, 2019

  The National Board of Revenue has exempted automobile manufacturers from payment of value-added tax and supplementary duty on import of raw materials and spare parts...

• 

  NBR to get Tk 36,500cr more from consumers with new VAT law

  Jasim Uddin | Updated at 12:00am on June 20, 2019

  Consumers are set to face additional burden of price hike of many essential and consumer products due to the fallout of implementation of new Value-Added...

• 

  NBR chair pledges solution to proposed tax on cos’ reserve

  Staff Correspondent | Updated at 12:00am on June 19, 2019

  National Board of Revenue chairman Md Mosharraf Hossain Bhuiyan on Tuesday said that they would find an amicable solution to the issue of proposed 15...

• 

  Loss making entities must also pay tax at regular rate

  Jasim Uddin | Updated at 12:00am on June 18, 2019

  Tax burden of source tax deducting entities, including companies, banks, NGOs, government agencies and other employers, would increase significantly if they did not deduct source...

• 

  5pc advance tax on all imports in proposed budget

  Staff Correspondent | Updated at 12:00am on June 18, 2019

  Businesses will have to pay 5 per cent advance tax or AT — a value-added tax — on imported items ranging from capital machinery to...