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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...