- DMP files 3,251 traffic violation cases in Dhaka
- Two judges murdered outside Iran's Supreme Court: media
- ‘Palestinians, resistance thwarted Israel’s big plots in Gaza’
- EU ready to support Bangladesh during its political transition: Envoy
- British sci-fi classic ‘Doctor Who’ gears up for bold new adventures
- Bangladesh bowl out Nepal for 52 runs
- Night temperature may drop in parts of country
- Ready to govern Gaza: Palestine’s President
- "Current govt at risk by continuing budget of ousted Awami League"
- OpenAI, Retro Biosciences working to extend ‘human lifespan’
- Srijit Mukherji from aspiring sports journalist to filmmaker
- Pakistan launches first home-made observation satellite
- Govt reaffirms zero tolerance on shrine attacks, urges complaints
- BNP demands withdrawal of vat on over 100 products
- Met office assumes dry weather nationwide
- Marma girl's accident injury being propagated as communal murder
- Tarique seeks prayers for mother
- Cold wave set to arrive, says Meteorological Department
- How to make smacked cucumbers
- Bangladesh’s 2025-26 budget may reach 8 trillion
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...
Nagorik Committee demands withdrawal of hikes in customs duties, taxes on products
Jatiya Nagorik Committee has demanded the withdrawal of two ordinances issued by the interim government increasing customs duties, taxes and VAT on hundreds of products and services, including daily necessities such as medicines, LP gas, powdered milk, and mobile phone SIM cards. At the same...
Benapole Customs forms IRM unit to boost revenue, stop tax evasion
Benapole Customs House has formed an Investigation, Research and Management (IRM) unit to play an effective role in preserving and securing revenue. Benapole Customs commissioner issued an office order in this regard on Monday. IRM officers will be considered to be on duty for 24 hours, reports...
Trump criticizes UK’s ‘major mistake’ on North Sea energy policy
U.S. President-elect Donald Trump criticized the U.K.s windfall tax on oil and gas producers in a social media post on Friday, joining other members of his incoming administration in voicing concerns over Prime Minister Keir Starmers agenda. The UK is making a very big mistake. Open Up the North...
Vietnam to end tax exemption on low-cost imports starting February
Vietnam will end its tax exemption on low-value imported goods, starting February 18, in a move that aims to regulate e-commerce and boost local consumption. This change, outlined in Decision 01 by Deputy Prime Minister Ho Duc Phoc, impacts goods valued below VND 1 million (approximately $39.3),...
Online tax returns cross 10 lakh
The number of online income tax returns filed has crossed 10 lakh while the number of registrations for online return filing has crossed 16 lakh. According to the National Board of Revenue (NBR), using the website www.etaxnbr.gov.bd, individual taxpayers can easily and quickly submit their...
Govt freed edible oil from duty, tax, VAT until March 31
The government has exempted all edible oil, including canola and sunflower oil, from duty, tax, and VAT until March 31, 2025, aiming to increase the supply of such essential items in the market. To keep the market supply normal and the prices at a tolerable level during the holy month of...
How he amassed crores in assets, including 3 New York properties
The Anti-Corruption Commission (ACC) has uncovered illegal assets worth several thousand crores of taka belonging to Asadur Rahman Kiron, the former acting mayor of Gazipur City Corporation. Kiron, a prominent political figure with a history of switching parties, is currently the Vice President of...
Online tax return filings exceed 6 lakh
The number of online income tax return submissions in Bangladesh has surpassed six lakh. Moreover, over 13 lakh registrations for online return submissions have been recorded so far, according to a statement issued by the National Board of Revenue (NBR) on Sunday. The statement highlighted that...
Tesla looks to build teleoperations team for Robotaxi service
As Tesla prepares to launch its robotaxi service in the coming years, the automaker seems to be expanding its teleoperations team. A recent job listing reveals that Tesla is seeking a software engineer to help develop a teleoperations system, enabling human operators to remotely access and control...
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...
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
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
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
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
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
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
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...