Tax

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    FY 19 budget to be passed today

    Staff Correspondent | Updated at 12:05am on June 27, 2018

    The proposed finance bill will be passed in parliament today while the annual budget for the 2018-19 will be passed on Thursday. At an unscheduled...

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    NBR eases conditions for VAT exemption for ocean-going vessel import

    Staff Correspondent | Updated at 09:32pm on June 25, 2018

    The National Board of Revenue has relaxed conditions for VAT exemption on import off ocean going vessels having capacity above 5000 deadweight tonnage (DWT) following...

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    NBR to claim duty dating back up to five years

    Staff Correspondent | Updated at 10:14pm on June 23, 2018

    National Board of Revenue will now claim customs duty dating back up to five years if it can detect duty evasion or finds any duty...

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    Banks have to cut rate to enjoy reduced corporate tax facility

    Staff Correspondent | Updated at 12:05am on June 22, 2018

    National Board of Revenue chairman Md Mosharraf Hossain Bhuiyan on Thursday said that they would impose a condition on banks that they (banks) would have...

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    Govt to cut VAT on internet use by 5pc

    Staff Correspondent | Updated at 12:05am on June 22, 2018

    The government will cut the value-added tax on internet use to 10 per cent from the existing 15 per cent from July 1....

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    Jt body to form long-term framework

    Staff Correspondent | Updated at 10:54pm on June 20, 2018

    The National Board of Revenue has formed a joint committee to prepare a long-term institutional framework for identifying and solving the problem of a long-standing...

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    NBR forms taskforce to check compliance of tax deduction at source by govt agencies

    Jasim Uddin | Updated at 10:18pm on June 19, 2018

    The National Board of Revenue has formed a taskforce to check whether or not the government offices and autonomous bodies are complying with the relevant...

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    Rice prices go up after govt hikes import duty

    Staff Correspondent | Updated at 12:05am on June 19, 2018

    The prices of rice went up in the city’s wholesale markets following the announcement of budget for the financial year of 2018-19 as the government...

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    No VAT, income tax on NRBs’ remittance: NBR

    Staff Correspondent | Updated at 12:23am on June 14, 2018

    The National Board of Revenue on Wednesday assured that the government in the national budget for the fiscal year of 2018-2019 had not imposed any...

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    Govt scraps AIT waiver for local LCs

    Jasim Uddin | Updated at 09:52pm on June 12, 2018

    The government has extended the coverage of advance income tax on local letter of credit or any financing agreement for purchasing goods, imposing the AIT...

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