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Automated challan system for income taxpayers in the offing
Staff Correspondent | Updated at 11:18pm on July 27, 2020
The National Board of Revenue is going to introduce an automated challan system for income-tax payers early August to make the tax payment process smooth,...
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AIT on land acquisition damages to rise 3 times
Staff Correspondent | Updated at 11:00pm on June 21, 2020
People may have to pay three times higher advance income tax on compensation they receive against acquisition of their immovable property, mainly land, by the...
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Corporate income tax for non-listed cos cut to 32.5pc
Staff Correspondent | Updated at 11:08pm on June 11, 2020
Finance minister AHM Mustafa Kamal on Thursday proposed to reduce corporate income tax only for non-publicly traded companies by 2.5 per cent to 32.5 per...
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Returns submission to be made mandatory for all TIN holders
Jasim Uddin | Updated at 10:09pm on June 10, 2020
The submission of income tax returns is likely to be made mandatory for all people having taxpayers’ identification number with some exceptions from the next...
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Returns submission to be made mandatory for all TIN holders
Jasim Uddin | Updated at 10:03pm on June 10, 2020
The submission of income tax returns is likely to be made mandatory for all people having taxpayers’ identification number with some exceptions from the next...
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Car owners may have to pay higher advance income tax
Jasim Uddin | Updated at 12:28am on June 10, 2020
The government is likely to raise the advance income tax on private car owners by up to 67 per cent in the 2020–21national budget. The...
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Digital ventures to come under tax net
Staff Correspondent | Updated at 10:00pm on June 04, 2020
The National Board of Revenue is likely to make it mandatory for digital ventures such as start-up companies to obtain electronic taxpayer identification number and...
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Deadline for income tax returns submission without fine extended
Staff Correspondent | Updated at 11:12pm on June 01, 2020
The National Board of Revenue has extended the deadline for income taxpayers to meet their various pending income tax related obligations without penalty and interest,...
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Income tax waiver for EZ edible oil, cement, steel makers scrapped
Staff Correspondent | Updated at 09:38pm on May 31, 2020
The National Board of Revenue has scrapped the income tax exemption benefit for some factories located in the economic zones under the Bangladesh Economic Zones...
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Government changes laws to allow NBR to extend deadline, waive fine
Staff Correspondent | Updated at 09:13pm on May 21, 2020
The president, Abdul Hamid, on Wednesday promulgated two separate ordinances empowering the National Board of Revenue to extend time for submission of value-added tax returns...
Monday, August 03, 2020
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