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BGMEA, BKMEA urge govt to reinstate export source tax at 0.25pc
Staff Correspondent | Updated at 11:13pm on June 29, 2020
The country’s apparel exporters have demanded reducing source tax on readymade garment export to 0.25 per cent from 0.5 per cent for the next five...
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Misuse of tax benefits by fish, poultry businesses continues unabated
Jasim Uddin | Updated at 10:50pm on June 28, 2020
Misuse of tax benefits given to fish and poultry sectors has continued unabated due to lack of proper mechanism of the National Board of Revenue...
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Tobacco sector tax structure revision sought
Staff Correspondent | Updated at 10:42pm on June 22, 2020
Economists and anti-tobacco campaigners on Monday demanded revision of the tax structure proposed in the national budget for the fiscal year 2020-2021 for the tobacco...
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SCB demands retention of 0.25pc source tax on exports
Staff Correspondent | Updated at 11:29pm on June 18, 2020
The Shippers Council of Bangladesh on Thursday urged the government to reduce the source tax on export to 0.25 per cent considering the pandemic situation,...
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NBR to tax private employees’ receipt from unapproved gratuity funds
Jasim Uddin | Updated at 10:17pm on June 16, 2020
Private employees are set to face a heavy tax burden from the next fiscal year 2020-2021 as the national budget proposed the imposition of tax...
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EAB seeks continuation of export tax at 0.25pc for five years
Staff Correspondent | Updated at 10:47pm on June 15, 2020
Exporters Association of Bangladesh has demanded continuation of source tax on export at the rate of 0.25 per cent for next five years. The government...
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Taxpayers with gross assets below Tk 40 lakh to get waiver from submitting wealth info
Jasim Uddin | Updated at 10:38pm on June 15, 2020
The government has proposed making the submission of assets and lifestyle statement with the income tax returns optional for individual taxpayers with gross assets below...
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BCI says govt’s deficit financing to affect pvt sector, BTMA seeks cut in export tax
Staff Correspondent | Updated at 09:55pm on June 13, 2020
The Bangladesh Chamber of Industries sees a lack of proper outline in the proposed budget for the next fiscal year to overcome the ongoing economic...
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Corporate tax cut only for non-listed cos to discourage stocks’ listing: experts
Staff Correspondent | Updated at 10:42pm on June 12, 2020
The proposed reduction in corporate tax on non-listed companies while keeping the tax rate on listed ones unchanged may discourage good companies to be listed...
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Registration and renewal of private motorcar become costly
Staff Correspondent | Updated at 02:53am on June 12, 2020
Private car owners are set to pay advance income tax up at least by 67 per cent in the coming fiscal year 2020-2021 as finance...
Thursday, July 02, 2020
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