Sohel Parvez

The National Board of Revenue (NBR) will soon place its order for 100,000 electronic sales register machines for about Tk 317 crore as

A trivial number of people showed their undisclosed incomes voluntarily and paid penalty and regular tax to legalise the sums,

Low prices of paddy and inadequate rainfall are set to affect the expansion of aus paddy cultivation, frustrating the government’s efforts to popularise the farming of the staple this season through incentives to growers.

Bilateral trade between Bangladesh and China trebled to nearly $12 billion in the past decade thanks to the soaring imports by

The government’s expenditure on the agriculture sector is shrinking consistently as percentage of total budget although the sector

The tax on trade licence renewal is set to increase six times from next fiscal year, raising concerns of soaring operational costs for

The National Board of Revenue has exempted value-added tax and supplementary duty on import of raw materials and components to make cars as the government looks to encourage development of an automobile industry in Bangladesh.

The National Board of Revenue expects to collect about Tk 11,000 crore more for imposition of VAT on various goods and services and increasing rates on many others, said its officials.

The introduction of 5 percent advance tax (AT) on imports from next fiscal year will push up operational costs of businesses,

Road and water transport operators are set to face 25 percent higher taxes on their earnings from next fiscal year as the revenue

“So unfair!” is what middle-class taxpayers were left mouthing upon seeing the budget for the fiscal year 2019-20.

Shifting from its initial plan to slap a uniform rate, the government has finally proposed four rates of Value Added Tax to please businesspeople and take them on board to implement the new VAT law from the next fiscal year.

Tax and fiscal policies framed and applied by the government are not progressive enough to reduce inequality in the society, said analysts.

The government is likely to extend the tax exemption benefit on income from investment in infrastructure and industries in lagging regions for five years to encourage private investment and job creation.

The government may relax the baggage rules from next fiscal year to facilitate travellers to bring in gold bars and jewellery through the formal channel as it looks to curb smuggling.

The government is likely to whittle down value-added tax rates to five from existing seven as it is getting ready to implement the new VAT law from the next fiscal year, seven years after its enactment.

Providing price support for farmers has always been a top policy goal of almost every government. In practice, however, successive governments procured very little paddy from growers in the last three decades.

Clothing retailers had a good run this Eid-ul-Fitr thanks to soaring demand from urbanites in keeping with their improved purchasing

Gold traders and jewellers will be able to legalise their undeclared stock of gold and other precious metals by paying a low tax, reads a National Board of Revenue (NBR) notification on Tuesday.

Bangladesh is progressively becoming an important market for the US’s tree nuts, mainly almond, thanks to the country’s rising income and expanding food and beverage industry, said a report by the US Department of Agriculture (USDA). “Consumers’ attitude towards nut consumption