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Allowing undisclosed money in real estate envisaged

Dhaka, May 16 -- Reintroducing a facility to legalise undisclosed money through investment in real estate is under consideration in a bid to rescue the industry from the brink of collapse, sources say... Read More


PM pushes stable tax regime to boost investor confidence

Dhaka, May 14 -- Prime Minister Tarique Rahman instructed the revenue authority to pursue predictable tax regime to uphold investor confidence as the new budget outlook was set out Thursday. "Policy ... Read More


Source tax on essentials set to double

Dhaka, May 14 -- Essential commodities may get costlier as the government is set to hike source tax on the same in the upcoming national budget, sources say, amid fears of inflation going further up. ... Read More


NBR on hunt to recoup revenue shortfall

Dhaka, May 3 -- Government's revenue authority launches an extensive drive to recoup domestic revenue shortfall by tapping potential sectors as limited scope left for a last-quarter boost in taxing de... Read More


NBR mulls integrating wealth tax with online return

Dhaka, April 28 -- The government is considering integrating the upcoming wealth tax with the online tax return system to automatically capture individuals' asset information, aiming to reduce complia... Read More


July-Mar sees record revenue shortfall

Dhaka, April 22 -- Bangladesh confronts a nearly trillion-taka record revenue shortfall in the bygone three quarters of this financial year, scaling up pressure on government's fiscal management. Unt... Read More


IMF lending terms outwit negotiators, stir rethink

Dhaka, April 20 -- Finance authorities are set to seek the Prime Minister's guidance as to how far the government can go in complying with the International Monetary Fund conditions to secure hard-ter... Read More


Govt's revenue authority ponders property taxation

Dhaka, April 16 -- Government's revenue authority ponders introducing property tax -- on a limited scale to start with -- in the upcoming fiscal year to hook wealthy individuals onto wider-cast tax ne... Read More


Ordinance placed in parliament destined to embrace demise

Dhaka, March 24 -- A much-contended move to bifurcate the National Board of Revenue (NBR) looks poised to cease automatically as the finance ministry finds the relevant ordinance promulgated by the in... Read More


Duty-free car privilege for MPs to end in next budget

Dhaka, March 19 -- The government is set to abolish the long-standing duty-free vehicle import facility for Members of Parliament (MPs) in the upcoming national budget session, marking a significant s... Read More