Income tax submission deadline extended to Dec 31
Income tax submission deadline extended to Dec 31

The National Board of Revenue (NBR) has extended this years deadline for submitting income tax to December 31 from November 30 on requests from businessmen and general taxpayers. NBR Director for Public Relations Syed A Mamun has confirmed the development to reporters on Sunday. Individual...

Hassan Ariff urges landowners to ensure online tax payments
Hassan Ariff urges landowners to ensure online tax payments

Land, Civil Aviation, and Tourism Adviser AF Hassan Ariff on Wednesday urged landowners to play a proactive role in ensuring the success of online payments for land development (LD) taxes. The land services, including mutation, LD tax collection, and distribution of Khatians, will be moved...

Over 10 lakh taxpayers complete registration for online tax payment: NBR
Over 10 lakh taxpayers complete registration for online tax payment: NBR

Some 10, 50,000 taxpayers have completed registration for online income tax return filing using the e-return option of www.etaxnbr.gov.bd portal. The number of online income tax return filings has crossed 2, 50,000, the National Board of Revenue said on Sunday, reports UNB. Online return...

NBR waives airfare excise duty, VAT for hajj pilgrims
NBR waives airfare excise duty, VAT for hajj pilgrims

The National Board of Revenue (NBR) has waived the excise duty on inbound and outbound airfare for hajj pilgrims, as well as the value-added tax (VAT) on three types of service charges, aiming to lower their overall expenses of hajj, reports The Business Standard. Currently, the excise duty for...

Country explores avenue to boost revenue collection
Country explores avenue to boost revenue collection

Bangladesh has significant potential for mobilising revenue collection, as highlighted by a recent official assessment on revenue buoyancy, a measure reflecting how tax revenues respond to economic growth, reports UNB. Revenue buoyancy, the responsiveness of revenues to gross domestic product...

Pay income tax from home, no bank visit required: Chief Adviser
Pay income tax from home, no bank visit required: Chief Adviser

The interim government has introduced a system that enables individuals to pay their income tax from their homes, eliminating the need to visit banks or tax offices. In a video message on Monday, Dr. Muhammad Yunus, the Chief Adviser of the interim government, announced this initiative. He...

NBR requires digital tax filing for certain government officials and corporations
NBR requires digital tax filing for certain government officials and corporations

In a significant move toward digitalization, the National Board of Revenue (NBR) has made online tax return filing mandatory for government officials in the tax zones of Dhaka, Narayanganj, and Gazipur city corporations. The tax authority has announced that all bankers, officials from mobile...

US probing Musk's Tesla over self-driving systems
US probing Musk's Tesla over self-driving systems

The US agency in charge of regulating road safety revealed that they are probing Teslas self-driving software systems, reports BBC. The evaluation is being done by the National Highway Traffic Safety Administration (NHTSA). It covers 2.4 million Tesla vehicles manufactured in the last 8 years....

CPD recommends tax incentives to attract Chinese investment in renewable energy
CPD recommends tax incentives to attract Chinese investment in renewable energy

The Centre for Policy Dialogue (CPD) has emphasized crucial actions that Bangladesh should implement to attract Chinese investment in its renewable energy sector. These actions include offering tax breaks, reducing import tariffs, and making documentation processes more efficient. Dr. Khondaker...

Foreign secretary urges UN action on tax evasion and asset recovery
Foreign secretary urges UN action on tax evasion and asset recovery

Foreign Secretary Md. Jashim Uddin urged the UN to assist in tackling tax evasion and curbing illicit financial flows, highlighting the interim governments commitment to recovering stolen assets. He conveyed this message during a meeting with UN Under-Secretary-General for Economic and Social...