• Images

    New VAT returns format ineffective

    Jasim Uddin | Updated at 02:49am on September 26, 2018

    Online VAT payment form has remained ineffective since its introduction almost three months ago as field-level tax officials found the returns form faulty while businesses...

  • Images

    Bangladesh cuts duty on 602 products for APTA states

    Jasim Uddin | Updated at 12:05am on September 25, 2018

    Bangladesh has offered duty concessions on import of 602 products from five countries including China and India under the Asia Pacific Trade Agreement (APTA)....

  • Images

    Tax structure makes Bangladesh cigarette prices lowest in world

    Staff Correspondent | Updated at 12:00am on September 23, 2018

    Cigarette prices in Bangladesh are among the lowest in the world because of tax structure despite having some of the highest tax rates, finds a...

  • Images

    NBR to give shops 10,000 EFDs for free

    Jasim Uddin | Updated at 12:05am on September 21, 2018

    National Board of Revenue has decided to distribute 10,000 electronic fiscal devices (EFDs) free of cost among shops and retail business entities for which use...

  • Images

    Experts suggest environmental taxes on polluters

    Staff Correspondent | Updated at 10:05pm on September 20, 2018

    Economists and experts on Thursday suggested that the government should impose environmental taxes on polluters to encourage green growth as well as sustainable development of...

  • Images

    Pakistan’s new govt hikes taxes, cuts spending

    Reuters . Islamabad | Updated at 12:05am on September 19, 2018

    Pakistan’s new government announced cuts in planned development spending and a tax increase for higher earners on Tuesday, unveiling a mini-budget aimed at shoring up...

  • Images

    NBR revenue collection Tk 2871cr short of July target

    Staff Correspondent | Updated at 12:05am on September 13, 2018

    Revenue collection by the National Board of Revenue fell Tk 2,871 crore or 17 per cent short of target in July, the first month of the...

  • Images

    Govt to cut capital gains tax on bourse shareholders to 5pc: Muhith

    Staff Correspondent | Updated at 12:05am on September 13, 2018

    Finance minister AMA Muhith on Wednesday announced that the government slashed the capital gains tax levied on bourse shareholders to 5 per cent from 15...

  • Images

    NBR makes mandatory use of customised software

    Jasim Uddin | Updated at 12:05am on September 12, 2018

    National Board of Revenue has made use of customised VAT processing software mandatory for large businesses and service providing entities having annual turnover of Tk 5...

  • Images

    Bangladesh cuts export tax facing RMG makers’ pressure

    Staff Correspondent | Updated at 12:11pm on September 10, 2018

    The government has reduced source tax on export earnings for readymade garment and other export sectors to 0.60 percent from...