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    Stocks rise for 3rd day on VAT rate cut reports

    Staff Correspondent | Updated at 11:13pm on May 24, 2017

    Dhaka stocks advanced on Wednesday for the third day as investors were optimistic at the hints of value-added-tax rate reduction and interest rate cut on...

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    Tax at source for export sector to rise in budget, says Tofail

    Staff Correspondent | Updated at 11:08pm on May 24, 2017

    Commerce minister Tofail Ahmed on Wednesday said that the government would raise the tax at source for the export sector in the upcoming budget for...

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    100 more goods, services to be on VAT waiver list

    Jasim Uddin | Updated at 10:59pm on May 24, 2017

    The government is set to allow value-added tax exemption to another 100 essential goods and services in the coming national budget, widening the VAT-free areas...

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    Tofail hints at 12pc new VAT rate

    Staff Correspondent | Updated at 10:20pm on May 23, 2017

    Commerce minister Tofail Ahmed on Tuesday hinted at reducing the rate of proposed 15 per cent Value Added Tax to 12 per cent with the...

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    Addl SD to be slapped on mobile services, tobacco after VAT rate cut

    Jasim Uddin | Updated at 11:19pm on May 22, 2017

    The government is set to impose additional supplementary duty (SD) on some sectors like tobacco and mobile services to compensate the revenue loss due to...

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    Govt may raise tax-free income limit for individual taxpayers

    Staff Correspondent | Updated at 10:26pm on May 21, 2017

    The government may raise the tax-free income ceiling for individual taxpayers in the coming national budget for fiscal year 2017-18 following demands from different quarters...

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    NBR firm on single VAT rate

    Staff Correspondent | Updated at 11:03pm on May 20, 2017

    The National Board of Revenue on Saturday said it still preferred a single and uniform rate of value-added tax in the new VAT act claiming...

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    VAT-free turnover limit to be Tk 36 lakh

    Staff Correspondent | Updated at 10:56pm on May 17, 2017

    The National Board of Revenue has finalised the VAT-free annual turnover limit for small-scale traders at Tk 36 lakh from next budget, amending the ceiling...

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    Edible oil set to be VAT-free from July

    Jasim Uddin | Updated at 11:16pm on May 16, 2017

    The government has decided to keep edible oil out of value-added tax net in the new VAT law to ensure affordable price of the product...

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    NRBs to get respite from paying remittance charges: Muhith

    Staff Correspondent | Updated at 10:08pm on May 13, 2017

    The government will exempt expatriate Bangladeshis from paying charge for sending remittance money to the country to encourage them to transfer remittance through the banking...