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Car owners may have to pay higher advance income tax
Jasim Uddin | Updated at 12:28am on June 10, 2020
The government is likely to raise the advance income tax on private car owners by up to 67 per cent in the 2020–21national budget. The...
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Government may set export tax at 0.5pc in budget
Staff Correspondent | Updated at 09:47pm on June 08, 2020
The government is likely to increase the source tax on export proceeds to 0.5 per cent in the upcoming national budget for the fiscal year...
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Government may cut import Advance Tax for industrial goods makers
Staff Correspondent | Updated at 09:35pm on June 06, 2020
The government may introduce a new slab of advance tax at the import stage for industrial products in the upcoming national budget for the fiscal...
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Digital ventures to come under tax net
Staff Correspondent | Updated at 10:00pm on June 04, 2020
The National Board of Revenue is likely to make it mandatory for digital ventures such as start-up companies to obtain electronic taxpayer identification number and...
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NBR relaxes duty-free car import rules for hi-tech park investors
Staff Correspondent | Updated at 10:27pm on June 02, 2020
The National Board of Revenue has relaxed the duty-free motor vehicle import rules for investors in the country’s hi-tech parks, curtailing the minimum level of...
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Deadline for income tax returns submission without fine extended
Staff Correspondent | Updated at 11:12pm on June 01, 2020
The National Board of Revenue has extended the deadline for income taxpayers to meet their various pending income tax related obligations without penalty and interest,...
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VAT on capital machinery, spare parts production goes
Jasim Uddin | Updated at 11:08pm on June 01, 2020
The National Board of Revenue has offered manufacturers exemption from payment of value-added tax on production of capital machinery and spare parts in the country....
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Income tax waiver for EZ edible oil, cement, steel makers scrapped
Staff Correspondent | Updated at 09:38pm on May 31, 2020
The National Board of Revenue has scrapped the income tax exemption benefit for some factories located in the economic zones under the Bangladesh Economic Zones...
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NBR’s collection falls Tk 62,000cr short of target in July-April
Staff Correspondent | Updated at 09:46pm on May 29, 2020
Revenue collection by the National Board of Revenue fell short of its revised target by Tk 62,000 crore in the first 10 months of the current...
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NBR extends deadline for VAT returns submission for March, April
Staff Correspondent | Updated at 06:11pm on May 26, 2020
The National Board of Revenue has waived traders from payment of penalty and interest for not filing value-added tax returns for the months of March...
Wednesday, July 08, 2020
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