Low revenue-GDP ratio stokes worry

Dhaka, Aug. 20 -- Bangladesh's lowly revenue-GDP ratio dipped further in the last financial year due mainly to economic downturn and sluggish business ambiance, coupled with unrest in the revenue-gath... Read More

Abysmal potholes in corporate tax payments exposed

Dhaka, Aug. 16 -- Gross mismatch between the number of registered companies and that of corporate income-tax receipt by the exchequer persists, as the tax returns submitted annually by the former cont... Read More

Revenue reform, tax digitisation, trade-clearance systems start paying

Dhaka, Aug. 9 -- Three major steps on digitisation of the tax administration in last one year of the interim government has already started paying off through faster trade documentation and leak-plugg... Read More

Radioactive Iodine shortage hits thyroid cancer treatment hard

Dhaka, Aug. 8 -- A prolonged shortage of radioactive iodine -- a critical post-surgical treatment for thyroid cancer -- has left patients across Bangladesh in limbo, with many facing delays of over si... Read More

Ocean-going ship imports may get tax exemption again

Dhaka, Aug. 1 -- The government is rethinking its decision to impose a 7.5% VAT on the import of ocean-going ships, following strong backlash from local investors and concerns over potential damage to... Read More

Bilateral treaty only means to readjust domestic tariffs for US

Dhaka, July 8 -- Government revenue authorities find limited scope to satisfy the Trump administration by reducing tariffs for US imports unless Bangladesh goes for bilateral treaty -- the only byway ... Read More

Revenue collection faces record shortfall in FY25 as Petrobangla arrears mount

Dhaka, June 30 -- The National Board of Revenue (NBR) is heading towards a record tax shortfall of around Tk 1.0 trillion in the outgoing fiscal year (FY 2024-25), despite efforts to recover long-stan... Read More

NBR reform imbroglio disrupts trade delivery, revenue collection

Dhaka, June 29 -- Entire revenue administration of Bangladesh faces an unprecedented disruption amid agitating-staff-government standoff over reform disagreements, threatening to upend the country's m... Read More

Money-whitening facility unlikely in next fiscal

Dhaka, June 17 -- The much-debated black-money-whitening facility is unlikely in the upcoming fiscal year as the provision incorporated into the Finance Ordinance may finally be dropped amid outcry. ... Read More

Risk-based reforms could cut food import delays by 80pc: Study

Dhaka, June 14 -- The average clearance time for food and agricultural imports in Bangladesh could be slashed by up to 80 per cent through targeted risk-management reforms, a new study has found. It ... Read More

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