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Taskforce for skewed trade tax restructuring

Dhaka, Feb. 15 -- An expert body has recommended radical restructuring of anomalous trade taxes for building a dynamic and trade-oriented economy capable of generating jobs and inclusive growth. As o... Read More


13th National Polls: NBR probes discrepancies in candidates' declared income

Dhaka, Feb. 11 -- The tax authority has begun investigating discrepancies between reported income and declared assets of candidates of the 13th parliamentary election. Bank accounts of two candidates... Read More


BNP, Jamaat vow deep reforms to boost revenue mobilisation

Dhaka, Feb. 9 -- The major political parties have placed domestic revenue mobilisation at the centre of their respective economic agenda, setting specific targets to raise Bangladesh's tax-to-gross do... Read More


Revenue board bifurcation loses way in legal labyrinth

Dhaka, Feb. 2 -- Much-hyped bifurcation of the National Board of Revenue (NBR) is unlikely to complete during the tenure of the interim government as the major reform gets into legal and procedural la... Read More


Interoperability among NBR wings: Project kicks off to boost revenue mobilisation

Dhaka, Jan. 21 -- A first-of-its-kind initiative aimed at strengthening domestic revenue mobilisation by ensuring interoperability among different wings of the National Board of Revenue (NBR) has star... Read More


Rate high, rebate reduces overall tax incidence

Dhaka, Jan. 14 -- Bangladesh is transitioning into a ramped-up 15-percent VAT regime amid some concerns, but a redeeming feature is the provision for rebate meant for reducing the overall tax incidenc... Read More


large-value tax payment: NBR launches bKash-enabled services

Dhaka, Jan. 11 -- The National Board of Revenue (NBR) is going to launch the payment of large amounts of tax through mobile financial services (MFS) to simplify tax payments by corporates. The countr... Read More


Dozens of auditors, firms under scanners over cooking books

Dhaka, Jan. 7 -- A host of audit firms and auditors are under the scanner of government investigation agencies over alleged irregularities in audited financials of business tycoons implicated in the m... Read More


Deadline for NBR bifurcation missed, Jan action in wintry chill

Dhaka, Jan. 4 -- December deadline is missed and bid for completing all must-dos for bifurcating the revenue board within January has yet to get into right gear although revenue-sector overhaul is amo... Read More


SAVINGS CERTIFICATE YIELDS CUT: Pensioners, elderly citizens see much-needed pittance squeeze

Dhaka, Jan. 2 -- Pensioners and elderly citizens see red as their much-needed earnings from savings certificates squeeze for yield-rate cutbacks under government debt-servicing pressures, sources say.... Read More