Jasim Uddin

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    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...

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    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)....

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    Minimum wage still one of the lowest

    Jasim Uddin | Updated at 01:13am on September 21, 2018

    Readymade garment workers in Bangladesh are paid one of the lowest minimum monthly wages among the global apparel producing countries. ...

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    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...

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    Importers get Tk 17,100cr in duty benefits in FY16: WB

    Jasim Uddin | Updated at 12:05am on September 19, 2018

    The government gave Tk 17,100 crore in duty concessions to importers in financial year 2015-2016 through providing various exemptions and duty waiver on imports, according to...

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    Govt to award CIP status only to actual exporters

    Jasim Uddin | Updated at 10:33pm on September 15, 2018

    The government has decided to amend the existing policy on CIP (export) status aiming to include exporters of services and exclude ex-officio trade body leaders....

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    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...

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    WB suggests imposing carbon tax

    Jasim Uddin | Updated at 12:12am on September 06, 2018

    Bangladesh can fetch additional resources — up to 1 per cent of GDP —through imposing carbon tax on polluting fuels, according to an estimation of...

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    Runner gets nod to import raw materials to produce high-capacity motorcycles

    Jasim Uddin | Updated at 12:05am on September 04, 2018

    The government has permitted Runner Automobiles Limited to import raw materials and equipment for manufacturing motorcycles with high engine capacity in the country for export....

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    NBR asks its LTU to check authenticity of goods’ declared price

    Jasim Uddin | Updated at 12:05am on August 31, 2018

    The National Board of Revenue has asked its large taxpayers unit (value-added tax) to check authenticity of declared prices of products for ensuring VAT collection...