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- CA directs implementing proposals of Women's Affairs Reform Commission
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- Commission on Women’s affairs submits report to CA
- Cristiano Ronaldo urges unity after Al-Nassr defeat
- ‘Leasing system must end in Haor regions’
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- NASA continues assembling process for its Artemis moon rocket
Govt prioritizes local producers over commercial importers: NBR chief
National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan categorically stated that the government is firmly committed to supporting local producers rather than offering incentives to commercial importers. In principle, we have said there shall be a duty gap between our manufacturers and...
NBR waives 5% advance tax on crude soybean and palm oil imports
The National Board of Revenue (NBR) has exempted the 5% advance tax on the import of crude soybean oil and crude palm oil at the import stage. To avail of this facility, importers must obtain prior approval from the Ministry of Commerce, according to an official statement from the NBR. All...
NBR under pressure to raise Tk 2 lakh crore in 3 months to meet IMF targets
The National Board of Revenue (NBR) must collect nearly Tk 2 lakh crore in the final quarter of FY2023-24 to meet IMF conditions tied to its $4.7 billion loan program. During a meeting with NBR officials in Dhaka on Sunday, the visiting IMF team, led by Mission Chief Chris Papageorgiou, called...
NBR seeks expansion of VAT base to raise revenue collection
The National Board of Revenue (NBR) is focusing on expanding its Value Added Tax (VAT) base as part of efforts to increase revenue collection for Bangladeshs national exchequer. During a recent meeting on Thursday, NBR Chairman Md Abdur Rahman Khan instructed field officials in Dhaka to prioritize...
NBR chairman urges Finance Adviser to reduce budget size
Chairman of the National Board of Revenue (NBR) Md Abdur Rahman Khan on Monday requested the Finance Adviser to reduce the budget size and give some relaxation to the mass people. I have requested (Finance Adviser), sir please cut short the budget size and give some relief to people, he said...
NBR to announce tax rates one year ahead
NBR Chairman Abdur Rahman Khan has said that the revenue board will announce tax plans a year in advance so businesses can plan their business for next year. He said the NBR will not issue unnecessary SROs that affect tax rates in the middle of the year. The NBR chairman was speaking as chief...
NBR launches Spot Assessment program to increase tax net
The National Board of Revenue (NBR) has launched a new Spot Assessment programme to increase the tax net. Spot Assessment is an effective step to provide direct services to all taxpayers who have taxable income and are obliged to file returns, reports UNB. This program is encouraging new...
NBR chairman reveals tax evasion through Tk730cr remittance
National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan revealed that a taxpayer brought Tk730 crore into Bangladesh, exploiting the tax-free remittance facility for expatriates. When asked to disclose the individuals name, he said, Its better not to say the name. Once actions are taken,...
NBR to digitise operations under master plan
The National Board of Revenue (NBR) has launched a master plan to digitise its operations, aiming to provide efficient digital tax services to all taxpayers. In the future, all NBR activities will be conducted through a digital platform. We will digitise everything. A master plan is in progress,...
NBR cuts source tax on fresh fruit imports to 5%
The National Board of Revenue (NBR) has reduced the source tax on imported fresh fruits from 10 per cent to 5 per cent. The fruits covered by this reduction include fresh or dried oranges, citrus fruits (both fresh and dried), grapes (fresh or dried), lemons (fresh or dried), other citrus fruits...
Tax exemption likely to be phased out
Md Abdur Rahman Khan, chairman of National Board of Revenue (NBR), on Tuesday said the government will gradually reduce tax exemptions and may eventually abolish the system. He made the statement while speaking at a pre-budget meeting at the NBR conference room. He said: We do not want to incur...
NBR launches customs risk management to address money laundering
The NBR has announced the Customs Risk Management Regulations-2025 to tackle economic risks like money laundering and terrorism financing, reports UNB. According to the NBR [National Board of Revenue] notification, economic risk also refers proceeds of crime, other illegal financial activities,...
NBR plans single VAT rate if businessmen agree
National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan on Tuesday said the government wants to implement a single, universal Value Added Tax (VAT) rate in the country. He added that the decision will be made if the businessmen come to a consensus. If necessary, we will lower the rate,...
NBR cuts source tax on raw materials for cancer medicines
National Board of Revenue (NBR) has reduced the existing source tax on the import of raw materials used to manufacture cancer medicines. Source tax has been reduced from 5% to 2% to make cancer treatment more accessible in the country, reports BSS. NBR issued an SRO on Sunday. Cancer...
NBR announces VAT exemptions for several essential goods
The National Board of Revenue (NBR) has introduced VAT exemptions on several essential products, including biscuits, salt, mustard oil, flour, LP gas, and more. These exemptions apply at different levels of the supply chainsome at the manufacturing stage and others at the merchant level. In a...
Highway restaurants must install electronic VAT machines: NBR
The National Board of Revenue (NBR) has made the installation of Electronic Fiscal Devices (EFDs) or Sales Data Controllers (SDCs) mandatory for all highway restaurants to curb tax evasion and improve Value Added Tax (VAT) collection. The decision follows complaints from consumers that many...
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
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
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
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
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
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
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
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
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
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
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
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...