The unequal taxation policy surrounding mutual funds in the capital market of Bangladesh raises concerns regarding the fairness for mutual fund investors. Specifically, the issue lies in the taxation of cash dividends from open-end funds, creating an imbalance between individual’s listed securities investments and mutual fund investments.

DCCI president emphasises the need for automated taxation to increase revenue collection

His contractual appointment has been extended by two years

The revenue collection growth rose slightly in the July-November period of the current financial year on the back of higher income and value-added taxes

The govt targets achieving one crore direct taxpayers by 2026, he says

The port city’s income tax department handed over the best taxpayer awards

It is Monem's 10th consecutive top taxpayer award from the zone

Around 10,000 cases for recovering a combined Tk 21,500 crore in value added tax (VAT) remains held up in different courts across Bangladesh, according to data of the National Board of Revenue (NBR).

It comes as the NBR unveiled the names of 141 individuals and companies as the highest taxpayers for the assessment year of 2022-23.

The National Board of Revenue (NBR) has provided exemption to the withholding tax on the interest earnings of foreign lenders who are lending to local firms for three months, according to a notification.

The Daily Star Editor Mahfuz Anam, Prothom Alo Editor Matiur Rahman also on the list

Businesses will have to deposit value-added tax (VAT) of Tk 10 lakh and above through electronic payment or automated chalan from the first day of January next year, the National Board of Revenue (NBR) said yesterday.

The interest rates of loans and deposits in non-bank financial institutions (NBFIs) increased further as the central bank hiked the interest margin by 25 basis points to make money costlier with the aim to curb skyrocketing inflation.

Five made it to the list for consecutive second year

no provision was included for the extension of tax return submissions after the expiration of the set timeframe

The deadline is scheduled to end on Nov 30

An Indian multinational company which took part in the construction of Dhaka’s first elevated metro rail is facing a penalty of Tk 7.03 crore for delaying the filing of income tax return for fiscal year 2019-20.

The visiting mission from the International Monetary Fund was not fully convinced with the plans laid out by the National Board of Revenue on accelerating the tax collection to raise the tax-to GDP ratio by 0.5 percentage points in the current fiscal year. 

Best Holdings is the owning entity of Le Méridien Dhaka

A report by the Tax Justice Network (TJN) reveals