Govt to appoint officials from admin cadre in new Revenue Management Division

Dhaka, April 26 -- The government is likely to appoint officials from administration cadre alongside existing employees in the proposed Revenue Management Division, according to a draft law recently a... Read More

NBR scrambling to meet IMF conditions on revenue collection for release of 2 tranches of $4.7bn loan

, April 12 -- The National Board of Revenue (NBR) finds itself in a tight spot as it scrambles to appease the International Monetary Fund (IMF) and unlock the 3rd and 4th tranches of the $4.7 billion ... Read More

NBR to chase TIN holders who fail to submit tax returns

Dhaka, April 8 -- The National Board of Revenue (NBR) has taken a move to go after 73 lakh Taxpayers Identification Number (TIN) holders who are not submitting their income tax returns. Currently, th... Read More

NBR looking for expansion of base of VAT payers

, April 5 -- The National Board of Revenue (NBR) has taken a move to expand its Value Added Tax (VAT) base, with a view to increase revenue collection for the national exchequer. In a meeting chaired... Read More

NBR reform committee not short on proposals, even as members doubt implementation

Dhaka, March 21 -- Members of the NBR (National Board of Revenue) Reform Committee are struggling to deal with a dilemma: whether their proposals would be implemented by the interim government, or rem... Read More

Tracking system to alert NBR of inefficiencies, irregularities among staff

Dhaka, March 16 -- National Board of Revenue (NBR) is planning to introduce a tracking system for its staff to sort out the inefficient and errant ones. The revenue collecting authority has taken the... Read More

Second report of committee to reform NBR expected next month, focusing on automation

, March 11 -- The Advisory Committee on Reforms to the National Board of Revenue (NBR) is likely to submit its second interim report next month, according to a member of the committee. "This time the... Read More

Inflation, reforms, stability major challenges for Bangladesh's new budget: Experts

, March 6 -- Controlling inflation, implementing economic reforms and ensuring macroeconomic stability will be the biggest challenges for Bangladesh's interim government in formulating the budget for ... Read More

Online tax returns submission may be made compulsory from next July

Dhaka, Feb. 27 -- The National Board of Revenue (NBR) is planning to make it compulsory for all the individual taxpayers to submit their income tax returns online from next fiscal. The revenue collec... Read More

NBR moves to expand tax net, targets 5 million taxpayers by end of fiscal year

Dhaka, Feb. 17 -- The National Board of Revenue (NBR) has taken a move to expand the tax net, aiming to boost tax collection for increasing the tax-to-GDP ratio. As part of this initiative, the gover... Read More

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