Dhaka, March 11 -- Land-registration taxes may decrease in the next budget for fiscal year 2025-26, National Board of Revenue (NBR) Chairman Abdur Rahman Khan said on Tuesday.
"We would consider not increasing the existing taxes (on land), rather we would make it tolerable," he said, responding to a pre-budget proposal to update the mouza rates for land and property deals.
"If we lower the taxes, the number of registration will increase and eventually the transaction volume might increase," he said.
The NBR chief was addressing a pre-budget meeting with professional bodies, including the Institute of Chartered Accountants of Bangladesh (ICAB), at its head office in the city's Agargaon area. He said the NBR has started working to addres...
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