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Indian customs rules against principles of SAFTA: NBR
Staff Correspondent | Updated at 10:30pm on January 27, 2021
New Indian customs rules are against the principles of South Asian Free Trade Agreement and similar trade deals, Bangladesh customs and trade officials said. They...
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Bangladesh names 141 taxpayers for awards
Staff Correspondent | Updated at 10:12am on January 27, 2021
The National Board of Revenue has published a list of the national-level highest 141 income taxpayers, recognising them for paying the highest amount of income...
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No more cuts in duties to protect local producers: NBR chief
Staff Correspondent | Updated at 10:42pm on January 25, 2021
The National Board of Revenue will not consider any more reductions in duties and taxes on imports of rice and edible oil in a bid...
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DCCI for slashing corporate tax to attract FDI
Staff Correspondent | Updated at 10:42pm on January 23, 2021
Dhaka Chamber of Commerce and Industry president Rizwan Rahman on Saturday urged the government to slash the corporate tax rate and to strengthen economic diplomacy...
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Beverage cos demand SD withdrawal
Staff Correspondent | Updated at 01:06am on January 19, 2021
The Bangladesh Beverage Manufacturers Association has demanded withdrawal of supplementary duty on carbonated soft drinks on a temporary basis to facilitate the sector coping with...
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Tiles, sanitary traders demand reform in VAT law
Staff Correspondent | Updated at 12:40am on January 18, 2021
Tiles and sanitary traders on Sunday formed human chains in Dhaka to demand reforms in the value-added tax law and to protest against harassment by...
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NBR moves to subscribe to int’l database
Jasim Uddin | Updated at 10:31pm on January 16, 2021
The National Board of Revenue has taken a move to subscribe to the database of comparable international transfer pricing to facilitate effective audit of transfer...
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No anti-dumping investigation in 25 years of framing rules
Jasim Uddin | Updated at 02:06am on January 12, 2021
Bangladesh has so far failed to initiate any anti-dumping investigation in 25 years of framing the rules due to non-cooperation from local businesses. Though some...
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Tax receipts fall Tk 32,754cr short of target in July-Dec
Jasim Uddin | Updated at 11:21pm on January 07, 2021
Revenue collection by the National Board of Revenue fell Tk 32,754 crore short of the target in the first half (July-December) of the current fiscal year...
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Tax returns filing rate falling with rise in TIN holders
Jasim Uddin | Updated at 10:32pm on January 06, 2021
The rate of income tax returns has gradually been falling over the years proportionately with the amount of electronic taxpayers’ identification numbers although the absolute...