A businessman has brought Tk 730 crore under the guise of remittances from abroad and claimed a tax break, creating suspicions of tax evasion among officials of the National Board of Revenue (NBR).
The National Board of Revenue has alleged that two entities under Summit Group failed to deduct taxes at source on dividend payments, resulting in about Tk 1,112 crore in unpaid taxes.
G20's historic move on taxing the super-rich could shift global economic power.
At least six tax officials, including the then tax commissioner, were involved in extending undue favour to two sons of controversial businessman Mohammed Saiful Alam to legalise undisclosed money worth Tk 500 crore, an investigation by the tax intelligence has found.
Ashraful Alam and Asadul Alam Mahir, two sons of controversial businessman Mohammed Saiful Alam, deprived the state of Tk 75 crore in taxes by legalising Tk 500 crore in undisclosed income, documents obtained by The Daily Star have revealed.
Recover bad loans, punish those who exploited the sector
Bank defaulters or tax evaders receive a number of amnesty and benefits for whitening black money.
A Brazilian court has suspended a $3 million fine imposed on soccer star Neymar last year for building a lake at his mansion on the outskirts of Rio de Janeiro without an environmental license.
Spanish prosecutors on Wednesday called for Real Madrid coach Carlo Ancelotti to be jailed for four years and nine months for allegedly failing to declare earnings to the tax office.
Bangladesh must embrace change for a sustainable development
Italy's highest court cleared the late Agentine soccer legend Diego Maradona of tax evasion charges, ending a 30-year-long legal battle between the ex-Napoli striker and revenue authorities.
BBS survey reveals alarming picture of wealth concentration by the rich
Governments that score low in corruption indexes are more prone to use force and violence to control and suppress dissensions and protests.
The precondition for building a corruption-free state is building a corruption-free society.
These cases of illegal property purchase abroad are not the main acts of corruption – these are the symptoms.
A probe is going on for their alleged involvement with PK Halder
In 2019, when AHM Mustafa Kamal took charge as the finance minister, the Bangladesh economy was taxing for take-off for its long-haul flight to the developed country club.
The government is losing as low as Tk 55,800 crore to as high as Tk 292,500 crore of potential revenue due to tax avoidance and evasion, said the Centre for Policy Dialogue (CPD) today.
While the government is distracted by elections, the financial economy will suffer
