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E-pay of VAT above Tk 1cr to be made mandatory
Jasim Uddin | Updated at 11:02pm on July 26, 2021
The National Board of Revenue is going to make online payment of value-added tax mandatory in phases from January 2022. Initially, VAT above Tk 1 crore...
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Investments in new industrial undertakings must be visible
Jasim Uddin | Updated at 10:04pm on July 19, 2021
Undisclosed money holders must invest such money in new industrial undertakings in a visible manner for enjoying undisclosed money legalisation benefits offered by the National...
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NBR requests BB to ease inward remittance procedures
Jasim Uddin | Updated at 10:55pm on July 18, 2021
The National Board of Revenue has requested the Bangladesh Bank to ease the procedures for inward remittance to facilitate VAT payment by non-resident foreign companies...
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NBR to launch home-grown online system September 1
Jasim Uddin | Updated at 10:26pm on July 14, 2021
The National Board of Revenue is going to launch a new online income tax returns filing system on September 1 for individual taxpayers. Taxpayers will...
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India begins anti-dumping probe on Bangladesh glass
Jasim Uddin and Rakib Hasan | Updated at 10:48pm on July 13, 2021
The Indian government has initiated an anti-dumping investigation on import of clear float glass from Bangladesh following alleged dumping of the product to the country....
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Customs asked to consider whole factory as bonded area
Jasim Uddin | Updated at 11:15pm on July 08, 2021
The National Board of Revenue has asked customs officials to take into account the whole premise of bonded warehouse licence-holding manufacturers as the bonded area...
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11,859 legalise record Tk 20,649cr in FY21 in Bangladesh
Jasim Uddin | Updated at 11:20pm on July 06, 2021
A total of 11,859 people legalised their undisclosed assets, including cash, worth Tk 20,649 crore in the just-concluded fiscal year 2020–21, the highest amount legalised in...
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Hotels, restaurants add gross value of Tk 87,926cr to Bangladesh GDP
Jasim Uddin | Updated at 08:53pm on June 11, 2021
The hotel and restaurant sector added Tk 87,926 crore in gross value to the country’s gross domestic product (GDP) in the fiscal year 2019-2020, increasing...
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Only tax benefits not to attract investment in Bangladesh: experts
Jasim Uddin | Updated at 11:54pm on June 04, 2021
The government must improve the overall business climate to help ensure the expected private investment as a result of the tax incentives offered in the...
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Poverty, job key budget challenges: experts
Jasim Uddin | Updated at 10:53pm on June 02, 2021
Finance minister AHM Mustafa Kamal announces today the national budget for the next fiscal year 2021-2022 amid the unprecedented adverse impact of the ongoing Covid...
