The National Board of Revenue (NBR) is set to introduce a new system for collecting travel tax directly from outbound passengers, replacing the current practice where airlines include the tax in ticket prices and later deposit it into the state coffer.
Nearly 10 lakh out of 15 lakh e-return filers have submitted zero returns, he says at ERF event
All customs houses and stations will remain open every day, except on the day of Eid-ul-Fitr, to facilitate import and export activities, said the National Board of Revenue (NBR) yesterday.
It also suggested reducing the highest income tax rate from 30% to 25%
The National Board of Revenue (NBR) has extended the deadline for companies to file their income tax returns until April 30 this year.
The tax administrator organises a pre-budget discussion
No additional 7.5% trade VAT for shopping at supermarkets
As of now, 14.10 lakh taxpayers have filed their returns through the online platform, says NBR Chairman
Finance Adviser Salehuddin Ahmed yesterday said that increasing the efficiency of the National Board of Revenue (NBR) is essential for the growth of trade and commerce in the country.
He made the comment at an AmCham dialogue
The interim government has not taken any of the measures recommended by the white paper on the state of the Bangladesh economy even after a month and a half of the report’s submission, said economists yesterday.
The National Board of Revenue (NBR) is set to revise the value-added tax (VAT) on restaurants, reducing it from the standard rate of 15 percent..The tax administration informed the Bangladesh Restaurant Owners Association of the decision in a letter, though it did not specify the new rate.
Bangladesh’s direct tax expenditure, a tax subsidy that includes rebates, exemptions, and reduced rates offered by the revenue authorities, fell 8 percent year-on-year to Tk 1.15 lakh crore in fiscal 2021-22, according to the tax expenditure estimation report..The National Board of Revenue
Seven out of 19 customs agencies have been integrated
The National Board of Revenue has taken special measures for taxpayers who could not submit their tax returns online due to not having biometrically-verified mobile SIM cards.
The National Board of Revenue (NBR) should not both formulate policies and collect revenue, rather a separate, independent and specialised policy wing should be formed, recommended an advisory committee recently. .This should be the first priority when bringing about reforms, said the co
The National Board of Revenue (NBR) has for a second time extended by a month the deadline for individual taxpayers to file tax returns.
The National Board of Revenue (NBR) yesterday formed a nine-member committee to make a policy framework for tax expenditure.
