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Tax exemption for unnecessary sectors: Tk10,000cr saved in revenue

Dhaka, April 8 -- The government is saving around Tk10,000 crore as it has backtracked from giving tax exemptions to some sectors, which NBR officials and experts call unnecessary. According to data ... Read More


CHT coffee waits for frothing up

Dhaka, April 1 -- The burgeoning success of coffee cultivation in the country heralds a promising future, poised not only to satisfy the local demand but also to yield significant foreign currency thr... Read More


Traders reluctant to import potato from India

Dhaka, March 30 -- Traders have displayed a puzzling reluctance to import potatoes despite forecasts suggesting a potential decrease in domestic production this season, a situation economists believe ... Read More


NBR for settling VAT evasion cases by June

Dhaka, March 26 -- The National Board of Revenue (NBR) has taken proactive measures to dispose of value-added tax (VAT) cases by June this year to meet the revenue collection gap. The revenue board t... Read More


Revenue shortfall widens to Tk 18.22cr

Dhaka, March 25 -- The revenue collection gap compared to the set targets for the National Board of Revenue (NBR) has expanded to Tk 18,221 crore in the first eight months (July-February) of the curre... Read More


NBR to strengthen its research wing

Dhaka, March 19 -- The National Board of Revenue (NBR) is set to strengthen its Research and Statistics wing following recommendations from local experts and the foreign development partner, the Inter... Read More


FDI inflow declines by 27.53pc in 1st half

Dhaka, March 12 -- The gross inflows of Foreign Direct Investment (FDI) declined by 27.53 per cent in the first half (July-December) of the current fiscal year (2023-24) due to the lack of pro-investm... Read More


Tk24,641cr VAT revenue trapped in net of lawsuits

Dhaka, March 8 -- According to data from the National Board of Revenue (NBR), over Tk24,641 crore in Value-Added Tax (VAT) revenue, which constitutes 37 percent of total taxes, is currently entangled ... Read More


Risks leaving IMF conditions unmet: NBR misses earning target

Dhaka, Feb. 29 -- The National Board of Revenue's (NBR) extensive efforts to meet the revenue collection target have largely been unsuccessful, jeopardizing the fulfillment of the loan conditions set ... Read More


Tax slip must to hold wedding party at community centres

Dhaka, Feb. 24 -- Proof of Submission of Return (PSR) is going to be mandatory to arrange a marriage party at community centres in the city corporation areas across the country. The National Board of... Read More