Move to ease VAT process for local suppliers, boost national exports, NBR says

The nine-member taskforce will formulate recommendations to reform and reorganise the tax structure to raise the tax-to-GDP ratio

The National Board of Revenue (NBR) has instructed each tax region to form dedicated Intelligence and Investigation Teams (IITs) tasked with detecting and investigating suspected cases of tax evasion.

September shipment down 4.6% YoY to $3.62b as Trump tariffs weighed on US orders

From August 4 onwards, every taxpayer must file income tax return online

The benefit has been given to increase exports, it said.

The ordinance abolishing the National Board of Revenue (NBR) and splitting it into two entities—Revenue Policy and Revenue Management—does not adequately reflect the recommendations of the advisory committee, according to one of its members.

Bangladesh suffers from a lack of transparency in government revenue and expenditures, the US Department of State said in a report released on September 19.

The NBR organised the programme to celebrate a major milestone in its ongoing digital transformation journey

Importers worry new tax on edible oil will increase costs

The government is set to complete the split of the National Board of Revenue (NBR) into two separate divisions by December this year.

A fresh investigation by the National Board of Revenue (NBR) has revealed that owners of more than 1,300 luxury cars, including high-end brands like BMW, Mercedes, Porsche and Rolls-Royce, concealed information about the vehicles in their tax files to evade tax.

The government has issued a revised ordinance on the split of the National Board of Revenue (NBR) into two separate divisions paving the way for revenue officials to head the top and senior positions of the Revenue Policy Division.

Nine more officials of the National Board of Revenue (NBR) have been suspended for their alleged involvement in organising protests against the government's ordinance that dissolved the NBR and split it into two divisions.

US customs will apply a tariff rate only to the non-American portion of a product's value

Over 85 percent of the certificates, licences, and permits (CLPs) issued so far through the Bangladesh Single Window (BSW) system were delivered within an hour, according to the National Board of Revenue.

The finance ministry yesterday sent four top officials of the National Board of Revenue (NBR) into retirement on ‘public interest’.

The Anti-Corruption Commission (ACC) has initiated another formal inquiry into allegations of corruption and irregularities, including illegal amassing of wealth, abuse of authority, and favouritism, against five more senior officials of the National Board of Revenue (NBR).

NBR officials’ work abstention hampering export, import activities, they say

Energy Adviser Fouzul Kabir Khan will head the panel