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.

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

SM Faruqi Hasan, founding president of the Ontario unit of the Awami League, is involved in the case

It also instructs banks to freeze the Group's bank accounts

This move seems to be a punishment for non-profit educational ventures that aim to enhance our higher education landscape.

FBCCI sits with different trade bodies to prepare budget proposals

NBR sits with Rajshahi businesses in a pre-budget discussion

Prime Minister Sheikh Hasina asked the authorities concerned at Ecnec meeting

For the first time, the National Board of Revenue (NBR) has sought to grant opportunity to individuals and companies to de-register or make their taxpayer identification number (TINs) dormant owing to no taxable income and dissolution.

The National Board of Revenue (NBR) is expected to place a new income tax bill in parliament today in an effort to modernise the direct tax system.

The NBR shared the information a clarification to Bangladesh Bank

Electric vehicles (EVs), including plug-in hybrids, will one day dominate the automobile market in Bangladesh as the demand for cars run on alternative fuel is slowly gaining ground, according to importers and distributors.

The revenue authority desperately needs to accelerate tax collection in order to enable the country to widen its capacity to spend more from its own coffer and cut reliance on external funds, said its chief yesterday.

Tax collection growth slowed drastically in the first half of the current fiscal year due to falling customs tariff and direct taxes amid declining imports and reduced profits of firms, limiting the government’s scope to spend on development activities.

Money laundering cases are not making much headway for a lack of cooperation from foreign countries, bureaucratic complexities and a shortage of skilled lawyers, said officials of the Anti-Corruption Commission.

Awami League lawmaker Abdus Sobhan Miah Golap concealed information about being an American citizen and owning nine properties in New York City in his election affidavit in 2018, found an investigation by a global media agency -- raising questions about his seat in the parliament.

The state coffers were robbed of Tk 258 crore for 26 counts of irregularities by the Chattogram Port Authority between fiscal 2017-18 and 2019-20, found the Comptroller and Auditor General (CAG).

Bangladesh’s steady embrace of digitalisation, spearheaded by a growing number of tech startups and rising software and IT service exports, has suffered a heavy blow from the imposition of new taxes this year. 

The tax authority yesterday announced Transcom Group Chairman Shahnaz Rahman, The Daily Star Editor and Publisher Mahfuz Anam, and Prothom Alo Editor Matiur Rahman as top taxpayers for fiscal 2021-22.

At least three import consignments were released without inspection from the Chattogram Port using the login credentials of a top customs official in June-July despite the recent measures taken to thwart such cons that cost the state coffer in unpaid duties and taxes.