Govt likely to cut newsprint import duty to 3.0 per cent

Dhaka, May 27 -- The government is likely to reduce the import duty on newsprint in the upcoming fiscal year. The rate of customs duty may be brought down to 3.0 per cent from the existing 5.0 per ce... Read More

Well-off likely to pay higher taxes

Dhaka, May 26 -- Affluent people may have to pay higher taxes in the upcoming fiscal year under amended wealth-tax provisions in the new budget, among some other changes in fiscal measures. The base ... Read More

National trade, import disrupted for taxmen's strike

Dhaka, May 19 -- A prolonged pen-down protest by revenue officials demanding the scrapping of an ordinance that bifurcated their board takes a heavy toll on total supply-chain management of imports, b... Read More

Tax ceiling up, corporate rates rise

Dhaka, May 18 -- Tax-free income threshold for all individual taxpayers is going up and corporate rates are being raised in the new budgetary measures ready for the chief adviser's perusal today (Mond... Read More

ADB Annual Meeting begins in Milan today

Dhaka, May 4 -- A four-day Annual Meeting of the Asian Development Bank (ADB) begins in Milan, Italy today (Sunday), focusing on critical issues to forge the member nations' path into a more sustainab... Read More

Revenue harnessing at risk as NBR officials find legal flaws

Dhaka, April 27 -- Splitting tax authority under the newly framed ordinance may put tax-revenue mobilisation in jeopardy as revenue officials say they have found numerous major flaws in the draft law.... Read More

BD convinces IMF to reduce addl revenue target by Tk170b

Dhaka, April 26 -- The government has successfully convinced the International Monetary Fund (IMF) to relax its ambitious tax revenue mobilization target for the National Board of Revenue (NBR). The ... Read More

Replacing minimum tax regime among six dos IMF proposes

Dhaka, April 19 -- Replacing domestic minimum tax (DMT) regime is among numerous dos the International Monetary Fund has given to the revenue board for the upcoming fiscal year, pending a loan-disburs... Read More

Pvt off-dock investors allowed to handle 12 more imported goods at Ctg port

Dhaka, April 14 -- The government has allowed private off-dock investors to handle 12 more imported goods in Chittagong Port. Currently, some 19 private off-docks are allowed to transfer, unstuff and... Read More

IMF cuts extra tax revenue target to Tk 510 billion

Dhaka, April 10 -- The International Monetary Fund (IMF) has slightly reduced Bangladesh's requirement of additional tax revenue collection, which was brought down to Tk 510 billion for the next fisca... Read More

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