Imported fruit prices surge by up to Tk100 per Kg ahead of Ramadan
Imported fruit prices surge by up to Tk100 per Kg ahead of Ramadan

The prices of imported fruits have soared by Tk30 to Tk100 per kilogram, following the imposition of higher supplementary duties on all imported fruits since January 9, 2025. The Bangladesh Fresh Fruits Importers Association (BFFIA) has reported that traders are significantly reducing the number of...

No VAT on purchases at supershops: NBR
No VAT on purchases at supershops: NBR

Customers will no longer have to pay Value Added Tax (VAT) for purchases at the superstrores, reports UNB. The retail price of the products will be the final price to pay, according to a National Board of Revenue (NBR) release. The NBRs VAT department issued a notification in this regard on...

NBR reduces VAT on biscuits by half
NBR reduces VAT on biscuits by half

The National Board of Revenue (NBR) has reduced the Value Added Tax (VAT) on both machine-made and hand-made biscuits by half, reports UNB. A notification to this effect was issued on Wednesday, 19 February. Under the new regulation, the VAT on these products has been slashed from 15% to 7.5%....

No of single-window CLP crosses 100K: NBR
No of single-window CLP crosses 100K: NBR

The number of automatically issued certificates, licences and permits (CLP) from the Bangladesh Single Window (BSW) system being implemented by the National Board of Revenue (NBR) has already crossed one lakh, reports BSS. As a partner of this success, the NBR congratulated the Bangladesh Export...

NBR invites budget proposals
NBR invites budget proposals

The National Board of Revenue (NBR) has called on stakeholders to submit budget proposals aiming to craft a participatory, pro-people, and balanced budget for the 20252026 fiscal year. The NBR is holding discussions with various groups on revenue collection methods as part of the budget...

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

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, reports UNB. As part of this initiative, the government has introduced new measures to bring more individuals and businesses under the tax umbrella,...

International trade to go fully online under single window
International trade to go fully online under single window

In a significant step the National Board of Revenue (NBR) will formally launch Bangladesh Single Window (BSW) system next month to speed up international trade online, reports UNB. The system, considered by NBR a milestone in making businesses faceless and digital, had a soft launch last month,...

NBR imposes 25% regulatory duty on rice bran oil exports
NBR imposes 25% regulatory duty on rice bran oil exports

The National Board of Revenue (NBR) has introduced a 25% regulatory duty on the export of both crude and refined rice bran oil to boost domestic supply and stabilize prices. The new tax measure, announced in a notification on Sunday, aims to discourage exports of rice bran oil, reports BSS. This...

NBR set to launch full bond automation to enhance trade efficiency
NBR set to launch full bond automation to enhance trade efficiency

The National Board of Revenue (NBR) is set to fully operationalise its Bond Automation system this month to enhance efficiency, transparency, and accountability in Bangladeshs trade operations. The rollout, initially planned for last month, was delayed due to businesses lack of readiness, according...

No income tax on foreign doctors’ fees for treating July Uprising injured
No income tax on foreign doctors’ fees for treating July Uprising injured

The National Board of Revenue (NBR) has exempted the income tax on fees, hotel rents, meals and airfares for foreign doctors during their stay in Bangladesh for providing treatment to people injured in anti-discrimination student movement. To this end, the NBR today (February 5) issued a...

NBR Commissioner Mahbubur suspended for misconduct
NBR Commissioner Mahbubur suspended for misconduct

The government has suspended National Board of Revenues Commissioner AKM Mahbubur Rahman temporarily on a charge of misconduct. A notification, signed by Md Abdur Rahman Khan, secretary to the Ministry of Finance, was issued in this regard on Monday, reports UNB. Mahbubur was suspended under...

Income tax return submission deadline extended
Income tax return submission deadline extended

The National Board of Revenue (NBR) on Thursday extended the deadline for submitting income tax returns till February 16. Earlier, the last date of submitting income tax returns of all categories of taxpayers except those of companies for 2024-2025 fiscal year was January 31. The NBR issued...

Proposed Revenue Commission to enhance NBR's tax efficiency
Proposed Revenue Commission to enhance NBR's tax efficiency

A high-level advisory panel has recommended establishing a dedicated commission to enhance the National Board of Revenues (NBR) capacity for tax administration and revenue collection through well-founded policies, reports UNB. The proposed Revenue Commission aims to develop revenue policies...

‘Taxpayers can submit income tax return online round the year’
‘Taxpayers can submit income tax return online round the year’

National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan said taxpayers can now submit their income tax return round the year online but they have to pay extra charge. He made the announcement while speaking at the World Customs Day programme held at the Multipurpose Hall of the NBR where...

NBR revises VAT rate across sectors
NBR revises VAT rate across sectors

The National Board of Revenue (NBR) has issued several notifications by re-fixing the rates of VAT, Supplementary Duty and Excise Duty on some goods and services, which were increased on January 9, aiming to strengthen the countrys economic base. The government had issued the Value Added Tax and...

NBR to collect revenue only
NBR to collect revenue only

The National Board of Revenue (NBR) reform committee said NBR should not both formulate policies and collect revenue, rather a separate, independent and specialized policy wing should be formed. The committee argues that this will free taxpayers from harassment due to biased decisions and...

NBR cuts import duty on air purifiers to combat pollution
NBR cuts import duty on air purifiers to combat pollution

The National Board of Revenue (NBR) has reduced import duty on air purifiers aiming to provide a better air quality for the people in their rooms as Dhaka often secures the number one position of the most polluted city in the world. The applicable import duty will be 10 percent from now on,...

‘No speed’ in revenue collection
‘No speed’ in revenue collection

The revenue sector contributes significantly in government management and development program, making it one of the most key sectors. Therefore, the government eyes on increasing collection from the sector. But the revenue sector of the country is fragile now because of the disruption in...

Matiur sent to jail in arms case
Matiur sent to jail in arms case

A metropolitan magistrate court in Dhaka on Saturday sent former member of National Board of Revenue (NBR) Md Matiur Rahman to jail in an arms case of Vatara Thana of the metropolis. Sub-Inspector Belal Hossain of the Detective Branch (DB) of police, after the expiry of a three-day remand,...

Additional VAT on restaurants withdrawn
Additional VAT on restaurants withdrawn

Amid widespread protest against value added tax (VAT) increase in various sectors the government has decided to revert VAT at restaurants to 5%. The NBR announced the removal of the additional VAT on Thursday (January 16), as the Bangladesh Restaurant Owners Association staged a human chain and...

Former NBR official Matiur, wife arrested
Former NBR official Matiur, wife arrested

Former member of the National Board of Revenue (NBR) Matiur Rahman and his wife, former upazila chairman Laila Kaniz, were arrested early Wednesday. A team from the Detective Branch (DB) arrested them from a house in the capitals Vatara. DMP Deputy Commissioner (media and public relations)...

NBR wants answer from field level offices
NBR wants answer from field level offices

The National Board of Revenue (NBR) has asked its field level offices to send their feedback on how to remove any bottlenecks in implementation of VAT-related laws and rules to boost the revenue collection, reports UNB. The VAT collection is regulated by Value Added Tax and Supplementary Duty...

Major safety concerns over unsafe arms stockpile at Dhaka airport
Major safety concerns over unsafe arms stockpile at Dhaka airport

A large stockpile of arms and ammunition has been stored unsafely for an extended period in the cargo warehouse of Hazrat Shahjalal International Airport in Dhaka, raising significant concerns about the potential risk of a major incident. To mitigate this risk, Dhaka Customs is working to...

Ex-PMO principal secretary Nazibur sent to jail after remand
Ex-PMO principal secretary Nazibur sent to jail after remand

Ex-principal secretary to the Prime Ministers Office (PMO) and former National Board of Revenue (NBR) chairman Nazibur Rahman was sent to jail after end of his three-day remand in connection with killing of BNP activist Makbul in 2022. Dhaka Metropolitan Magistrate Md Saifuzzaman passed the...

Tax returns submission deadline extended to Jan 31
Tax returns submission deadline extended to Jan 31

The National Board of Revenue (NBR) on Tuesday extended the deadline for submitting income tax returns by one month till January 31, 2025. It also extended the deadline for company tax returns by one month from January 15 to February 15, according to two separate orders by NBR. According to...

Revenue deficit hits 31,000 crore taka in four months
Revenue deficit hits 31,000 crore taka in four months

Government is facing a severe revenue shortfall, with a deficit exceeding 30,000 crore taka in the first four months of the fiscal year, raising serious concerns about the implementation of the national budget. The country is grappling with high inflation, a liquidity crisis in banks, sluggish...

Over 5 lakh tax returns submitted through online till now
Over 5 lakh tax returns submitted through online till now

The National Board of Revenue (NBR) has so far received over 500,000 income tax returns online, the number is 129 percent higher than the same period of the of the previous year, reports BSS. As of Sunday, the number of online returns filings was 2,17,471. Over 12.50 lakh taxpayers have...

HC rejects Matiur Rahman's petition to travel abroad amid ‘goat scandal’ investigation
HC rejects Matiur Rahman's petition to travel abroad amid ‘goat scandal’ investigation

The High Court has dismissed a writ petition filed by Matiur Rahman, former member of the National Board of Revenue (NBR) and president of the VAT Appeal Tribunal, seeking permission to travel abroad. Rahmans request was linked to the ongoing investigation into the goat scandal, in which...