NBR chairman reveals tax evasion through Tk730cr remittance
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,...

Highway restaurants must install electronic VAT machines: NBR
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...