Five made it to the list for consecutive second year

The deadline is scheduled to end on Nov 30

(FBCCI) has urged the revenue authority to extend the deadline for income tax return submission for individual taxpayers until December 31

Automation of the tax collection system will reduce the taxpayers' hassles as well as increase revenue collection by the National Board of Revenue, said Md Sameer Sattar, president of the Dhaka Chamber of Commerce and Industry (DCCI).

The revenue collection will be very challenging if the political unrest is sustained in the coming months of this year, National Board of Revenue (NBR) Chairman Abu Hena Md Rahmatul Muneem said today.

The National Board of Revenue (NBR) will not arrange the income tax fair this year either, making it the fourth consecutive year since 2020 that the fair will not be held.

The National Board of Revenue (NBR) plans to undertake a Tk 532 crore project for infrastructure development outside the capital in order to safeguard taxpayers’ files and expand the tax net to collect more revenue.

Bangladesh Bank yesterday clarified that freelancers do not have to pay tax at source on remittance from IT freelancing jobs, ending speculations on social media.

A report by the Tax Justice Network (TJN) reveals

The directive came from an Ecnec meeting today

For the 11th consecutive year, the National Board of Revenue (NBR) has missed its tax target in the face of slowing growth of collections amidst economic slowdowns and ambitious goals set by the government. 

The Income Tax Bill 2023 was passed in parliament yesterday, replacing The Income-tax Ordinance 1984. 

Dhaka Taxes Bar Association staged a demonstration and besieged the National Board of Revenue (NBR) building at Agargaon in Dhaka for a couple of hours yesterday demanding cancellation of a newly announced draft tax return preparer (TRP) rule. 

The draft Income Tax Bill 2023 has delivered bad news for big investors of mutual funds though it has retained all benefits for stock investors, including the capital gains tax.

The income tax law explains the issue

The government has not framed the national budget for the fiscal year of 2023-24 based on the prescription of the International Monetary Fund (IMF), said Finance Minister AHM Mustafa Kamal today.

The National Board of Revenue (NBR) could cut value-added tax (VAT) on sweets by half to 7.5 per cent, according to officials of the finance ministry.

Those who sought time extension will only get the opportunity

The National Board of Revenue issues a notification on March 23

The National Board of Revenue (NBR) registered a further slowdown in the growth of tax collection, making it harder for the agency to achieve its target for the current fiscal year of 2022-23 ending in June.