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Audit report verification with ICAB system made mandatory
Staff Correspondent | Updated at 10:52pm on December 01, 2020
The National Board of Revenue on Tuesday made it mandatory to verify companies’ audit reports with newly introduced document verification system of the Institute of...
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Tax returns submission deadline extended to Dec 31
Staff Correspondent | Updated at 11:29pm on November 30, 2020
The National Board of Revenue has extended the deadline for submission of income tax returns for individual taxpayers by one month till December 31 following...
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NBR extends tax returns submission date until December 31
Staff Correspondent | Updated at 03:55pm on November 30, 2020
The National Board of Revenue extended the deadline for income tax returns submission until December 31 after getting a poor response from taxpayers and demands...
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74pc TIN holders yet to file tax returns
Jasim Uddin | Updated at 12:00am on November 30, 2020
Around 74 per cent or 37.52 lakh registered income taxpayers are yet to file their income tax returns with the deadline for returns submission ending...
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Businesses demand reduction in export tax to 0.25pc
Jasim Uddin | Updated at 10:17pm on November 28, 2020
The Metropolitan Chamber of Commerce and Industry has demanded that tax at source or TDS on export should be reduced to 0.25 per cent for...
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NBR to hold lotteries on EFD-generated invoices to encourage VAT payment
Staff Correspondent | Updated at 10:24pm on November 26, 2020
The National Board of Revenue is going to hold a lottery on electronic fiscal device-generated invoices from January to encourage consumers to buy products from...
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NBR allows bulk cargo handling at Summit port’s IWCT
Jasim Uddin | Updated at 10:23pm on November 25, 2020
The National Board of Revenue has allowed handling of export-import bulk and break bulk (non-containerised) cargos at the Inland Water Container Terminal of Summit Alliance...
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NBR issues guidelines on contract manufacturing
Jasim Uddin | Updated at 10:22pm on November 25, 2020
The National Board of Revenue has issued guidelines on contract manufacturing to ease the process of production and supply of goods under the system and...
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BSEC inquires about GSK acquisition by Unilever
Mostafizur Rahman | Updated at 11:32pm on November 23, 2020
The Bangladesh Securities and Exchange Commission has inquired about the acquisition of GlaxoSmithKline (GSK) Bangladesh Limited by Unilever after nearly five months of the completion...
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Global tech cos no longer need local bank accounts
Staff Correspondent | Updated at 11:31pm on November 23, 2020
The National Board of Revenue has decided to relax the condition of having accounts in local banks for obtaining VAT registration number by global technology...