Food grain yield to fall short of target
Food grain production is likely to fall short of the target of 3.64 crore tonnes this fiscal year, for a drop in acreage
21 May 2016, 18:00 PM
Culture of deadline extension for tax returns may go
The National Board of Revenue is considering putting an end to the culture of deadline extension for tax returns submission from next fiscal year by introducing a definite cut-off day for furnishing annual income statements.
18 May 2016, 18:00 PM
Revenue rises 16pc in July-March
Revenue collection rose 16 percent year-on-year to Tk 105,432 crore in July-March of the current fiscal year,
12 May 2016, 18:00 PM
Demand for building materials on the rise
The government’s infrastructure projects and rising homebuilding in rural areas and suburbs have provided scope for construction ingredient makers to make up for the void in demand created by the slowdown in the real estate sector.
7 May 2016, 18:00 PM
Graft is a major barrier to getting tax services: study
Corruption, a lack of transparency and complicated processes are the major barriers that prevent taxpayers from getting adequate services from the National Board of Revenue, according to a taxpayers' perception survey.
4 May 2016, 18:00 PM
Online VAT registration starts next month
The National Board of Revenue plans to launch online VAT registration for companies next month as part of its plan
3 May 2016, 18:00 PM
New VAT law to fuel living costs
Prices of many goods and services will soar, while various local industries will face increased competition with
3 May 2016, 18:00 PM
Half of potential tax eludes govt: CPD
About half of potential tax does not come to the state coffers due to a lack of compliance by taxpayers and poor efforts by taxmen, according to a study by the Centre for Policy Dialogue.
30 April 2016, 18:00 PM
Bangladesh emerges as robust market for apples
Bangladesh has emerged as a robust market for apple producers due to rising demand for the imported fruit in the
28 April 2016, 18:00 PM
Aman rice output hits a new high
Aman rice output rose to a new high of nearly 1.35 crore tonnes in the immediate past season owing to increased
24 April 2016, 18:00 PM
NBR moves to strengthen online VAT system
The revenue authority has taken an additional step to ensure that its online VAT system will be fully secure from
16 April 2016, 18:00 PM
NBR eyes additional Tk 100cr in tax from govt employees
Some 1.34 lakh additional government employees are likely to pay taxes during the current fiscal year due to a spike in their salaries following the new pay scale, taxmen said.
11 April 2016, 18:00 PM
Fresh attempt to update income tax law
The National Board of Revenue has taken a fresh bid to design an income tax law that is attuned to Bangladesh's socioeconomic reality, after it received discouraging feedback on the latest draft of the Direct Tax Code.
9 April 2016, 18:00 PM
Electronics firm gets import VAT waiver
The National Board of Revenue has exempted Minister Hi-Tech Park Ltd from value-added tax for importing components and spare parts of freezers, refrigerators and air-conditioners. The privilege will continue until June 30.
3 April 2016, 18:00 PM
Wheat brings no cheers to farmers
Farmers have started harvesting wheat but low prices of the grain have dampened their hopes of counting profits
31 March 2016, 18:00 PM
Tax receipts rise as export, import get a boost
Tax collection rose 14 percent year-on-year to Tk 11,387 crore in February, on the back of increased exports and imports in recent months, according to provisional data of the National Board of Revenue.
23 March 2016, 18:00 PM
NBR moves to honour more taxpayers
The National Board of Revenue (NBR) has taken an initiative to honour more taxpayers with tax cards by introducing
22 March 2016, 18:00 PM
Boro acreage falls on low paddy prices
Cultivation has declined in the current boro season as a section of farmers, frustrated by low prices over the last several months, have switched to other crops, said agriculture officials and seed sellers.
21 March 2016, 18:00 PM
Rural poor may get rice at Tk 10 a kg
The Directorate General of Food has proposed to sell rice to the rural ultra-poor at Tk 10 each kilogram to help reduce poverty -- a
19 March 2016, 18:00 PM
Tractor sales rise for haulage purposes
Tractor sellers have logged in increased sales, driven mainly by the demand for haulage for growing construction activities in the suburban and rural areas, operators said.
16 March 2016, 18:00 PM