Tax

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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...

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    24.09 lakh taxpayers file tax returns

    Staff Correspondent | Updated at 06:56pm on January 04, 2021

    A total of 24.09 lakh taxpayers filed income tax returns and time petitions for filing returns by the extended deadline that ended on December 31...

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    Taxpayers asked to complete banking activities by Wednesday

    Staff Correspondent | Updated at 08:57pm on December 29, 2020

    The National Board of Revenue on Tuesday advised individual income taxpayers to complete their banking activities related to income tax payment by December 31 is...

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    VAT intel raids Araz office

    Staff Correspondent | Updated at 09:01pm on December 28, 2020

    VAT intelligence of the National Board of Revenue conducted a drive at the Gulshan office of an online business platform and kept another 16 platforms...

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    Global potentials elude sector for faulty govt policies

    Moinul Haque | Updated at 10:48pm on December 26, 2020

    The light engineering sector has failed to tap into local and global potentials due to faulty policies of the government, businesses said. Although the government...

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    Traders caught in VAT refund snags

    Jasim Uddin | Updated at 10:46pm on December 26, 2020

    A large majority of businesses are not getting a refund of value-added tax they paid in advance and in excess due mainly to a procedural...

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    Customs struggles to deposit seized gold in Bangladesh Bank vault

    Jasim Uddin | Updated at 10:57pm on December 24, 2020

    Customs houses of the National Board of Revenue are struggling to deposit gold seized on a temporary basis in the Bangladesh Bank vault as the...

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    Anti-dumping duty on jute goods hits exports to India: Tipu

    Staff Correspondent | Updated at 11:37pm on December 22, 2020

    Commerce minister Tipu Munshi on Tuesday said that the imposition of anti-dumping duty on jute goods had adversely affected Bangladesh’s exports to India as the...

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    Online returns filing for salaried persons to be mandatory: NBR

    Staff Correspondent | Updated at 11:36pm on December 19, 2020

    The National Board of Revenue is examining the possibility of making online tax returns submission mandatory for salaried persons eligible for paying taxes from the...

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    AIT waiver for power cos reinstated

    Staff Correspondent | Updated at 11:13pm on December 15, 2020

    The National Board of Revenue has reinstated the exemption from paying by power plants advance income tax on import of power equipment, machinery, materials and...

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