DHAKA, Jan. 28 -- level advisory panel has suggested formation of a commission for the National Board of Revenue to tighten tax administration and boost revenue collection based on sound policies.

The proposed Revenue Commission will work to formulate revenue policies in light of the government's overall development policy strategy, proposals and suggestions from stakeholders, and specific policies formulated based on international best practices, as per the interim proposal that was submitted recently.

NBR Chairman urges businesses to stop seeking tax exemptions

It will have a permanent advisory council comprising appropriate representatives of the Ministry of Industry, Ministry of Commerce, Finance Department, Bangladesh Bank, Tariff...