tax evasion

Businessman brought Tk 730cr as remittance to evade tax

A businessman has brought Tk 730 crore under the guise of remittances from abroad and claimed a tax break, creating suspicions of tax evasion among officials of the National Board of Revenue (NBR).
17 March 2025, 18:00 PM

Summit Group accused of Tk 1,112cr tax evasion

The National Board of Revenue has alleged that two entities under  Summit Group failed to deduct taxes at source on dividend payments, resulting in about Tk 1,112 crore in unpaid taxes.
22 December 2024, 18:32 PM

The battle against tax evasion: A UN tax convention can ensure everyone pays their fair share

G20's historic move on taxing the super-rich could shift global economic power.
1 December 2024, 10:00 AM

Two S Alam sons dodged Tk 75cr in taxes in 20-21

At least six tax officials, including the then tax commissioner, were involved in extending undue favour to two sons of controversial businessman Mohammed Saiful Alam to legalise undisclosed money worth Tk 500 crore, an investigation by the tax intelligence has found.
19 October 2024, 18:00 PM

S Alam sons: They used fake pay orders even to legalise black money

Ashraful Alam and Asadul Alam Mahir, two sons of controversial businessman Mohammed Saiful Alam, deprived the state of Tk 75 crore in taxes by legalising Tk 500 crore in undisclosed income, documents obtained by The Daily Star have revealed.
18 September 2024, 01:23 AM

Urgent bank reforms are crucial

Recover bad loans, punish those who exploited the sector
12 August 2024, 09:30 AM

A wrong signal is being sent by offering tax amnesty

Bank defaulters or tax evaders receive a number of amnesty and benefits for whitening black money.
7 June 2024, 09:00 AM

Neymar avoids $3 mn fine for building lake at Brazilian mansion

A Brazilian court has suspended a $3 million fine imposed on soccer star Neymar last year for building a lake at his mansion on the outskirts of Rio de Janeiro without an environmental license.
11 April 2024, 03:28 AM

Spain prosecutors seek jail term for Ancelotti in tax case

Spanish prosecutors on Wednesday called for Real Madrid coach Carlo Ancelotti to be jailed for four years and nine months for allegedly failing to declare earnings to the tax office.
6 March 2024, 09:59 AM

There is no alternative to tightening financial regulation

BFIU must be empowered to do more to prevent money laundering
22 February 2024, 09:30 AM

Development strategies: What worked before will not in the future

Bangladesh must embrace change for a sustainable development
1 February 2024, 12:56 PM

Maradona cleared of tax evasion years after his death

Italy's highest court cleared the late Agentine soccer legend Diego Maradona of tax evasion charges, ending a 30-year-long legal battle between the ex-Napoli striker and revenue authorities.
6 January 2024, 06:29 AM

Rising inequality will be our doom

BBS survey reveals alarming picture of wealth concentration by the rich
28 December 2023, 12:17 PM

Corruption, zero-sum politics and democratic decline

Governments that score low in corruption indexes are more prone to use force and violence to control and suppress dissensions and protests.
9 December 2023, 04:00 AM

Is there a way to build a corruption-free society?

The precondition for building a corruption-free state is building a corruption-free society.
8 December 2023, 14:00 PM

Who buys property abroad, and who pays for it?

These cases of illegal property purchase abroad are not the main acts of corruption – these are the symptoms.
20 October 2023, 14:00 PM

ACC seeks bank account details of SK Sur Chowdhury, his spouse, daughter

A probe is going on for their alleged involvement with PK Halder
31 August 2023, 12:54 PM

Bracing for budget of self-preservation

In 2019, when AHM Mustafa Kamal took charge as the finance minister, the Bangladesh economy was taxing for take-off for its long-haul flight to the developed country club.
1 June 2023, 01:00 AM

Tax avoidance, evasion costing govt Tk 55,800-Tk 292,500 crore: CPD

The government is losing as low as Tk 55,800 crore to as high as Tk 292,500 crore of potential revenue due to tax avoidance and evasion, said the Centre for Policy Dialogue (CPD) today.
3 April 2023, 07:17 AM

2023 will be the year of inflation and financial turpitude

While the government is distracted by elections, the financial economy will suffer
1 January 2023, 02:00 AM