ERD finds poor progress in VAT online project

Bangladesh, Feb. 18 -- The Economic Relations Division (ERD) has found poor implementation of the Disbursement Linked Results (DLR) on major components of the VAT Online Project (VOP) that may affect ... Read More

VAT intel steps in to spot tax-evading 'ghost' cos

Bangladesh, Feb. 16 -- The VAT intelligence team has asked banks to provide details of private companies having yearly transaction or balance of Tk 1.0 billion or more. The move is intended to locate... Read More

Mobile operators seek lower taxes

Bangladesh, Feb. 14 -- Customers have to pay an additional 11 per cent for money transfer through direct carrier billing, though uses of other channels cost less, industry insiders said. This type of... Read More

Focus on harnessing blue economy's potential

Bangladesh, Feb. 7 -- The proposed marine fisheries act has focused on the blue economy with incorporating a number of issues including mariculture. Its new provision will also empower the government... Read More

Cos face online VAT return glitches

Bangladesh, Feb. 5 -- Businesses are facing difficulties to submit their VAT returns online following repeated complexities and cumbersome procedures. A number of large businesses have already lodged... Read More

New regulation entitles female prisoners to special privileges

Bangladesh, Feb. 3 -- The government has issued a regulation allowing female prisoners to enjoy special privileges after 13 years of passage of the relevant law by parliament. Female convicts would b... Read More

Customs seek more inspection tools

Bangladesh, Feb. 2 -- The Dhaka Custom House (DCH) has put forward a proposal to install non-intrusive inspection tools worth Tk 2.14 billion at Hazrat Shahjalal International Airport (HSIA) to ensure... Read More

NBR mulls lottery for VAT payers

Bangladesh, Jan. 28 -- The National Board of Revenue, or NBR, has decided to honour the consumers considering the uses of invoices generated by electronic fiscal device. The VAT online project will a... Read More

NBR to cut duty benefit on 21 power plant items

Bangladesh, Jan. 21 -- The National Board of Revenue (NBR) is going to cut duty-free benefit on import of 21 types of power plant equipments, categorising them 'locally available and consumable produc... Read More

Receipts from top 20 items dip

Bangladesh, Jan. 19 -- Tax collection from top 20 imported items has plummeted by 39 per cent during the first half of the current fiscal year, in a major blow to the revenue target. The National Boa... Read More