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Revenue board bifurcation loses way in legal labyrinth

Dhaka, Feb. 2 -- Much-hyped bifurcation of the National Board of Revenue (NBR) is unlikely to complete during the tenure of the interim government as the major reform gets into legal and procedural la... Read More


Interoperability among NBR wings: Project kicks off to boost revenue mobilisation

Dhaka, Jan. 21 -- A first-of-its-kind initiative aimed at strengthening domestic revenue mobilisation by ensuring interoperability among different wings of the National Board of Revenue (NBR) has star... Read More


Rate high, rebate reduces overall tax incidence

Dhaka, Jan. 14 -- Bangladesh is transitioning into a ramped-up 15-percent VAT regime amid some concerns, but a redeeming feature is the provision for rebate meant for reducing the overall tax incidenc... Read More


large-value tax payment: NBR launches bKash-enabled services

Dhaka, Jan. 11 -- The National Board of Revenue (NBR) is going to launch the payment of large amounts of tax through mobile financial services (MFS) to simplify tax payments by corporates. The countr... Read More


Dozens of auditors, firms under scanners over cooking books

Dhaka, Jan. 7 -- A host of audit firms and auditors are under the scanner of government investigation agencies over alleged irregularities in audited financials of business tycoons implicated in the m... Read More


Deadline for NBR bifurcation missed, Jan action in wintry chill

Dhaka, Jan. 4 -- December deadline is missed and bid for completing all must-dos for bifurcating the revenue board within January has yet to get into right gear although revenue-sector overhaul is amo... Read More


SAVINGS CERTIFICATE YIELDS CUT: Pensioners, elderly citizens see much-needed pittance squeeze

Dhaka, Jan. 2 -- Pensioners and elderly citizens see red as their much-needed earnings from savings certificates squeeze for yield-rate cutbacks under government debt-servicing pressures, sources say.... Read More


Revenue strain deepens as NBR turmoil dents collection in 2025

Dhaka, Jan. 1 -- The year 2025 ended with deepening concern over Bangladesh's weakening domestic revenue mobilisation, prompting economists and policymakers to warn about the government's ability to m... Read More


Recasting multiagency JIT under UK model underway

Dhaka, Dec. 8 -- Remodeling the stolen asset recovery (SAR) initiative through creating an entity under a legal framework is under active consideration to give the drive a nudge. Under the latest mov... Read More


Corporates' profit drop dents govt's tax revenues

Dhaka, Dec. 4 -- Collection of corporate taxes from large taxpayers has declined for a fall in their business profitability for factors like high-rated interest, rising costs and falling purchasing ca... Read More