- July movement martyr Ridoy buried at his family graveyard
- Chief Advisor to discuss tariff issue with US administration
- Rain brings respite to Dhaka residents amid heatwave
- US Tariffs: Dr Yunus holds emergency meeting, give necessary directives
- Govt has sufficient food grains stocks as food security: Food Adviser
- Why Turkey’s youth-led protests offer hope
- Pakistan army commanders express ‘complete solidarity’ with Palestine
- India must move forward considering Bangladesh as a friend country: Annie
- US Senate Republicans approve Trump tax, spending cuts
- Myanmar Earthquake: Death toll surpasses 3,300
- We saw Sheikh Hasina's disrespectful behavior towards you: Modi tells Dr. Yunus
- Populous capital still empty and no traffic jam visible
- NBR to decide response to 37% US counter-tariff tomorrow
- Pakistan urges global action to curb illicit arms flow to terrorist groups in Afghanistan
- Offices reopen Sunday after 9 days Eid vacation
- Trade through Benapole Port resumes after 8 days
- There is no other place like Bangladesh where communal harmony thrives: Home Advisor
- 'When Life Gives You Tangerines' becomes highest-rated K-drama on IMDb
- US Tariff: CA to hold emergency meeting this evening
- Ready to provide further humanitarian support: CA tells Myanmar
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...
Company tax return deadline extended to April 30
The National Board of Revenue (NBR) has extended the deadline for companies to submit their income tax returns until April 30, 2025, reports UNB. The previous deadline for filing tax returns was set for March 16. A notification was issued by HM Shahriar Hasan, the second secretary of the NBR,...
Homeland Security dept. directs IRS to turn over the addresses of 700,000 immigrants
The Department of Homeland Security directed theInternal Revenue Serviceto turn over the addresses of roughly 700,000 immigrants it is seeking to deport. The request could violate taxpayer privacy laws. IRS officials have denied the departments attempts to verify the addresses, according to a...
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...
Over 1.4m taxpayers filed returns online
Over 1.4 million taxpayers have filed their income tax returns online this fiscal year and over 1.8 million have registered for the National Board of Revenues (NBR) e-return system. According to a NBR press release, the NBRs online income tax return filing system has received a huge response...
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...
ACC granted permission to interrogate Matiur Rahman at jail gate
The Anti-Corruption Commission (ACC) has been granted permission to interrogate Matiur Rahman, a former official of the National Board of Revenue (NBR), for three days at the jail gate. The decision was made by Dhaka Metropolitan Senior Special Judge Md Zakir Hossain Galib after a hearing on the...
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...
VAT hike for auto workshops cancelled
The National Bureau of Revenue (NBR) on Monday announced that it has cancelled the decision to hike VAT on auto workshops and motorbike repairing garages by 5 percent to 15 percent, meaning the previous 10 percent VAT rate will be reinstated. It was the governments latest retreat from a decision...
‘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...
Revenue deficit stands at Tk42,000cr in 5 months
Chief Advisers Press Secretary Shafiqul Alam on Sunday said that the interim government has decided to impose VAT to reduce the revenue deficit, not in compliance with the conditions from the International Monetary Fund (IMF). The press secretary said, The tax-to-GDP ratio in Bangladesh has been...
VAT, supplementary duty increased on over hundred goods, services
The interim government has increased the value added tax (VAT) and supplementary duty in the middle of the 2024-25 fiscal year, resulting in a rise in the cost of living. National Board of Revenue on Thursday has issued two ordinances in this regard, they are value added tax and...