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Customs lock more than 1,000 BINs of bond licence holding cos
Jasim Uddin | Updated at 11:19pm on April 06, 2021
Customs Bond Commissionerate (Dhaka) of the National Board of Revenue has recently locked more than 1,000 business identification numbers of bonded warehouse licence holders for...
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Nation’s tax-GDP ratio lowest in South Asia
Jasim Uddin | Updated at 12:42am on April 04, 2021
The tax-to-GDP ratio in Bangladesh is still one of the lowest in the world 50 years after the country’s independence although it has meanwhile seen...
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NBR tightens home consumption bond conditions
Jasim Uddin | Updated at 10:34pm on March 24, 2021
The National Board of Revenue has tightened conditions for enjoying home consumption bond facilities by local industries following misuses of the benefits. Customs export and...
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Royalty, fee repatriation process eased for private firms
Jasim Uddin | Updated at 11:27pm on March 22, 2021
The Bangladesh Investment Development Authority has eased procedures for repatriation of royalty, technical assistance and other related fees by private industrial enterprises to foreign companies...
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VAT on LPG for users waived, traders cut
Jasim Uddin | Updated at 10:48pm on March 17, 2021
The National Board of Revenue has exempted value-added tax on liquefied petroleum gas at the consumer end and reduced the tax at the business stage...
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Bangladesh to seek remedy for Indonesia safeguard duty
Jasim Uddin | Updated at 10:04pm on March 15, 2021
The government will seek remedy from safeguard duty imposed by Indonesia on global import of apparel and clothing products as Bangladesh’s export does not harm...
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BRTA urges NBR to impose AIT on electric vehicles
Jasim Uddin | Updated at 10:05pm on March 13, 2021
The Bangladesh Road Transport Authority has requested the National Board of Revenue to impose advance income tax on owners of electric vehicles to bring them...
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FY21 tax collection target revised down to Tk 3.01 lakh crore
Jasim Uddin | Updated at 10:57pm on March 11, 2021
The government has lowered the revenue collection target by Tk 29,000 crore for the current fiscal year 2020-2021 for the National Board of Revenue amid a...
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Policy consistency, support key to attracting local, foreign investments: BEZA chair
Jasim Uddin | Updated at 10:17pm on February 27, 2021
Consistency in investment policies and long-term policy support are the most important factors in attracting both domestic and foreign direct investment into the country, said...
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Indonesia slaps safeguard duty on RMG products
Jasim Uddin | Updated at 09:52pm on February 25, 2021
Indonesia has imposed safeguard duty equivalent to a maximum of Tk 956 per piece on import of 134 types of apparel products for three years. The...
Tuesday, April 13, 2021
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