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No more overlapping import consignment crosscheck

Bangladesh, Aug. 31 -- Customs intelligence units are asked to coordinate examinations of import consignments to avert cumbersome crosscheck and thus reduce port clearance time and cost of business fo... Read More


NBR set to introduce 'Korshathi' chatbot

Bangladesh, Aug. 28 -- The National Board of Revenue (NBR) is set to introduce Korshathi (tax companion), a digital chatbot service expected to bring a major transformation in the country's tax cultur... Read More


Capital machinery faces longest port delays

Bangladesh, Aug. 17 -- Capital-machinery imports, crucial for setting up factories and expanding production, take an average of 13.3 days to clear through Chattogram port, with more than half of that ... Read More


Tax-GDP ratio edges up despite weak economic activity

Bangladesh, Aug. 10 -- Bangladesh managed to stem the downturn in its tax-to-GDP ratio last fiscal year with the proportion having edged up by 0.08-percentage point notwithstanding sluggish investment... Read More


KPMG to exit Bangladesh next month

Bangladesh, Aug. 5 -- The Bangladesh affiliate of KPMG, one of the world's Big Four accounting firms, is preparing to end its direct membership in the country by September 30 as part of the firm's glo... Read More


NBR targets Tk 80b VAT arrear recovery

Bangladesh, July 30 -- The National Board of Revenue (NBR) has launched a drive to recover around Tk 80 billion in outstanding value-added tax (VAT) by December 2026, targeting businesses with arrears... Read More


NBR eyes Tk 380b extra VAT from 10,000 firms

Bangladesh, July 28 -- The government has outlined an ambitious roadmap to generate nearly Tk 1.0 trillion in additional Value-Added Tax (VAT) revenue in the fiscal year 2026-27, with a strong focus o... Read More


Breakwater design completion key to attracting investors

Bangladesh, July 16 -- The government has prioritised the completion of the breakwater design for the Bay Terminal project at the Chittagong Port as the first step towards attracting private investors... Read More


VAT schedule change may widen revenue gap

Bangladesh, July 15 -- Changes to the VAT-payment schedule could put immense pressure on field officials to achieve the government's ambitious VAT-collection target of Tk 2.23 trillion in the current ... Read More


Revenue earning rises to Tk 4.2 trillion, shortens predicted gap

Dhaka, July 1 -- Taxmen in their last-minute efforts managed to mobilise around Tk 4.20 trillion for the just-concluded fiscal year, shortening an anticipated large gap to Tk 800 billion against the r... Read More