- Bangladesh Bank to launch Tk25cr fund for families of July Martyrs, injured
- Germany backs Turkiye’s terror-free initiative
- Swift negotiations urged as US tariff hike threatens export edge
- Flood warning issued in Feni as Muhuri rises above danger level
- UAE denies rumors of lifetime Golden Visa for select nationalities
- Türkiye defence secretary meets Army chief
- Threatening the media is antithetical to democracy
- Over 200 protesters apologize to NBR chairman
- Bangladesh lose ODI series against Sri Lanka
- ICC issues arrest warrants for Taliban leaders over persecution of women and girls
- Dozens missing after floods on Nepal-China border
- I must have freedom to speak, and so must you: Fakhrul
- Court orders to seize Shibli Rubayat's 10-storey commercial building
- Five Israeli soldiers killed in Gaza
- Purchase body approves import of LNG cargo, urea fertiliser
- Travel ban imposed on Salman F Rahman, 12 others
- ‘Those who want PR want to bring back Awami League’
- Netanyahu, Trump discuss forced transfer of Palestinians out of Gaza
- Engima— The only Bangladeshi Marvel superhero
- Govt approves drone shows, ‘July Revival Programmes’
Trump halts trade talks with Canada over digital services tax on US tech giants
President Donald Trump announced Friday that he is halting all trade negotiations with Canada in response to its plan to enforce a digital services tax on large technology firms, calling the move a direct and blatant attack on the United States, reports AP. In a post on his social media...
Finance Adviser calls meeting with BCS Tax, Customs officials over NBR issue
Finance Adviser Dr Salehuddin Ahmed has invited the representatives of the BCS (Tax) and BCS (Customs and Excise) cadres for a meeting on Thursday to discuss the prevailing situation surrounding the National Board of Revenue (NBR). According to a press release issued by the Ministry of Finance,...
NBR staff announce nationwide shutdown over chairman's removal
A dramatic standoff is unfolding within Bangladeshs revenue administration as the National Board of Revenue (NBR) braces for a nationwide shutdown, set to begin on coming Saturday, unless its chairman, Abdur Rahman Khan, is removed immediately. The announcement was made at a press conference...
Amazon hopes to deliver 10,000 robotaxis annually with new factory, challenging Waymo
Amazon is preparing to manufacture up to 10,000 robotaxis per year at a massive new facility near Silicon Valley, marking a significant step in its effort to rival autonomous driving leader Waymo. Tesla CEO Elon Musk is also competing in the growing self-driving market. The newly unveiled...
FICCI welcomes tax reliefs, raises alarm on new burdens in budget
The Foreign Investors Chamber of Commerce and Industry (FICCI) has issued a mixed response to Bangladeshs proposed national budget for the upcoming fiscal year. While commending the governments commitment to easing tax burdens in specific sectors and fostering a predictable tax system, FICCI has...
Govt grants tax rebate for donations to 9 welfare organisations
The government has officially recognised nine non-profit organizations as public welfare institutions, enabling individual taxpayers to claim tax rebates for donations made to these entities, reports UNB. According to a fresh gazette notification, donations or grants given by any individual...
NBR staff’s full-fledged strike enters second day
The nationwide strike enforced by officers and employees of the National Board of Revenue (NBR) to press home their four-point demand entered its second day on Sunday. The strike, which began at 9 am at all Income Tax, Customs, and VAT offices, is scheduled to continue until 5 pm. However,...
Minimum tax may rise to Tk5,000 for individuals, Tk1,000 for new filers
The government is considering raising the minimum income tax for individual taxpayers to Tk5,000 in the upcoming FY26 budget, up from the current three-tier range of Tk3,000 to Tk5,000, depending on location. However, new TIN (Taxpayer Identification Number) holders may be allowed to pay a...
NBR officials on full-fledged countrywide strike
Officials and employees of the National Board of Revenue (NBR) are observing a full-scale nationwide strike as part of their ongoing protest to press for their four-point demand, reports UNB. The strike enforced by NBR Reform Unity Council began in the Saturday morning at all offices of the Tax,...
Trump threatens 25% tariff on Apple unless iPhones are made in US
U.S. President Donald Trump has issued a strong warning to Apple, threatening to impose a 25% tariff on imported iPhones unless the company shifts its manufacturing to the United States. The demand, posted Friday on Trumps Truth Social platform, targets Apples overseas production operations,...
NBR staff’s pen-down strike enters second day
Officers and employees of the National Board of Revenue (NBR) continued their work abstention on Thursday, marking the second day of a three-day protest called by the NBR Reform Unity Councila platform representing officials from the Customs, VAT, and Income Tax wings. The work abstention, which...
NBR moves to bring land, flat, and building owners under tax net
The National Board of Revenue (NBR) has launched a nationwide initiative to identify land, flat, and building owners across Bangladesh in a bid to expand the countrys narrow tax base, reports UNB. According to NBR data, more than two-thirds of submitted income tax returns fall below the taxable...
DNCC holds tax fair from 11-30 May
Dhaka North City Corporation (DNCC) will organize a municipal tax fair at various venues in the city from May 11 to 30. According to a press release issued on Friday, DNCC has requested city dwellers to participate in the fair at the venues most convenient to them. The initiative aims to...
Businesses, experts urge for business-friendly policies in upcoming Budget
In a seminar held on Sunday, businesses and economic experts called on the government to adopt business-friendly policies in the upcoming national budget for 202526. The event, titled Fiscal Issues for National Budget 202526 to Foster Economic and Business Growth, was jointly organized by the...
NBR intensifies tax drive to unlock IMF loan
The National Board of Revenue (NBR) of Bangladesh has intensified efforts to expand the countrys tax base in a crucial bid to meet conditions tied to a $4.7 billion loan package from the International Monetary Fund (IMF). With a looming deadline in June, the NBR is under pressure to raise the...
Tax evasions surged past Tk2.26 lakh crore in 2023: CPD
Bangladesh lost nearly Tk226,236 crore due to tax evasions in 2023, with corporate evasions accounting for nearly half the losses, the Centre for Policy Dialogue said at a press briefing in the capital on Monday. The evasions started rising exponentially in 2011, the second year of Awami Leagues...
Tk226,236 crore lost in tax evasion in 2023
Centre for Policy Dialogue (CPD) study shows that tax evasion in the country reached approximately 226,236 crore taka in 2023, reports the Business Standard. The study, titled Corporate Income Tax Reform for Graduating Bangladesh: The Justice Perspective, was unveiled at a press briefing at the...
Abu Dhabi introduces driverless ride services to Zayed International Airport
Driverless rides are now operational in designated areas of Abu Dhabi, including routes to and from Zayed International Airport. Abu Dhabi Mobility has expanded its autonomous vehicle services to additional parts of the city following the completion of 30,000 trips, covering over 430,000...