NBR loses Tk 1.4 trillion in 4.5 yrs

Bangladesh, March 18 -- The government has offered around Tk 1.47 trillion in the form of tax exemptions at import stage to the various sectors since fiscal year (FY) 2014-15 until January last. The ... Read More

Duty-free car import drives down revenue in FY 18

Bangladesh, March 17 -- The total revenue collection from car imports fell by Tk 5.0 billion last fiscal year, though importation of luxury versions rose substantially. The import of luxury cars cate... Read More

Jan tax revenue shortfall widens

Bangladesh, March 13 -- Tax revenue collection shortfall became even bigger in January last and stood at around Tk 333.03 billion until January of the current fiscal year (FY), 2018-19. A notable gap ... Read More

NBR set to ease tax refund over excess payment

Bangladesh, March 10 -- Marginal taxpayers are set to get a maximum refund of Tk 25,000 directly from the taxmen in case they pay in excess of the payable amount. The move came after a National Board... Read More

Counting the cost of gender gap in pay

Bangladesh, March 8 -- Is the gender gap in pay on the downward trajectory in Bangladesh? The answer could be 'yes' or 'no.' But this gap is not worse in Bangladesh than that in any other South Asian ... Read More

Fiscal policies ill-equipped for women entrepreneurs

Bangladesh, March 8 -- The country's fiscal policies are yet to be fully equipped to support start-up women entrepreneurs at grass-roots level, experts said. Barring the income tax law, no other fisc... Read More

NBR halts instant e-BIN issuing

Bangladesh, March 6 -- The National Board of Revenue (NBR) has suspended instant issuance of online BIN to businesses after it found piles of fake information in the existing e-BIN registration docume... Read More

PMO approves rehabilitation plan

Bangladesh, Feb. 21 -- Bangladesh Economic Zones Authority (BEZA) has got approval of the Prime Minister's Office (PMO) to rehabilitate a total of 518 families living in the areas of Mirsharai Economi... Read More

New rules define working areas of investigators

Bangladesh, Feb. 18 -- The Ministry of Finance (MoF) has issued the long-awaited rules of the Money Laundering Prevention Act 2012 by defining working areas of the investigators. Six government entit... Read More

BIDA for reform of 'fiscal depreciation' provision in tax law

Bangladesh, Feb. 17 -- The Bangladesh Investment Development Authority (BIDA) has recently suggested updating of the fiscal depreciation, as mentioned in the third schedule of the income tax ordinance... Read More