tax

Remittance outflow crosses $100m -- thru legal channel

Outward remittances from Bangladesh through legal channels crossed the $100-million mark for the first time in 2021 as more foreigners are working in the fast-growing economy, data from a global organisation showed.
26 December 2022, 02:30 AM

Tax return submission deadline extended till December 31

The National Board of Revenue today extended the deadline for income tax return submission till December 31.
30 November 2022, 07:34 AM

Budget 2022-23: More tax for the rich

Bank accounts with upwards of Tk 1 crore in balance are set to face a higher excise duty next fiscal year as the government looks to collect more taxes from the relatively well-off to get close to the lofty revenue collection target.
2 June 2022, 02:00 AM

Accelerate use of EFDs, ramp up monitoring

The National Board of Revenue should accelerate the use of electronic fiscal devices (EFDs) and ramp up monitoring to eliminate non-compliance with a view to raising more value-added taxes using technologies, said former top taxmen and economists.
31 May 2022, 07:00 AM

Tax measures: Tailored for ‘Made in Bangladesh’

There is bad news for consumers of imported luxury items: they will get dearer thanks to the tax measures the National Board of Revenue is preparing for the new fiscal year that begins on July 1.
30 May 2022, 02:00 AM

Firms prefer to remain non-listed despite tax benefit

Although the corporate tax levied on listed firms is lower than that of their non-listed counterparts, many companies in Bangladesh lack interest in joining the stock market as they want to avoid the obligation of ensuring good corporate governance, regularly disclosing financial information and complying with other rules.
22 May 2022, 03:30 AM

FM's call to generate revenue

One can justifiably expect a lot from our newly inducted finance minister, for he is a chartered accountant by training, a seasoned politician with the experience of holding important public offices
20 January 2019, 18:00 PM

Why tax solar panels?

It is befuddling why the National Board of Revenue (NBR) has decided to slap value added taxes that would amount to a 27 percent levy, on the import of solar panels. This is at a time when Bangladesh is set to explore and develop its solar power possibilities through numerous projects. These include solar home systems, solar irrigation and solar power plants in various parts of the country.
6 July 2018, 18:00 PM

NBR seeks Khaleda's bank info

The National Board of Revenue has asked the banks to turn in information on all accounts of BNP Chairperson Khaleda Zia, according
10 August 2017, 18:00 PM

Proposed VAT, Tax Measures: Major changes likely

Unlike previous budgets, which were passed by parliaments with minor changes, this year's proposed budget could have major
24 June 2017, 18:00 PM

Ministers stand by Muhith

Ministers and senior MPs from the ruling alliance yesterday in parliament spoke in defence of Finance Minister AMA Muhith and
22 June 2017, 18:00 PM

New Vat Plan: Govt may back off for now

The government may backtrack on its plan to implement the new VAT law from July this year, in the face of pressure from a section of
20 June 2017, 18:00 PM

Neymar to stand trial

Neymar, Barcelona and Santos will stand trial on fraud and corruption charges over the transfer of the Brazilian forward after their appeals were turned down by Spain's High Court on Monday.
20 February 2017, 18:00 PM

Cricket: Arrest warrants issued for Wasim Akram for not appearing before court

A local court in Karachi on Tuesday issued arrest warrants against former star cricketer Wasim Akram, after he failed to appear before the court during last 31 hearings of a case, it has been learnt.
11 January 2017, 08:25 AM

C'Ron declared 20m euros in Swiss banks

Cristiano Ronaldo declared income of over 225 million euros in 2015, including 20 million euros held in 22 Swiss bank accounts, a Spanish newspaper reported Sunday as the Real Madrid star battles accusations of tax evasion.
11 December 2016, 18:00 PM

Football: Ronaldo publishes details of 225m-euro income

Cristiano Ronaldo published his financial records on Thursday which showed the Real Madrid star declared income of more than 225 million euros in 2015 as he battled accusations of tax evasion.
9 December 2016, 05:19 AM

Football: Corruption case a complication for Neymar, says Brazil coach

A Spanish corruption case surrounding Neymar's transfer from Santos to Barcelona in 2013 is certain to influence the Brazil forward's form, national team coach Tite said on Monday.
29 November 2016, 05:46 AM

Eto'o faces massive tax fraud charges

Spanish prosecutors have recommended that Cameroonian football great Samuel Eto'o be handed a 10-year jail sentence and
24 November 2016, 18:00 PM

Football: Neymar nears trial over transfer corruption case

The prospect of Barcelona superstar Neymar standing trial moved closer Monday as a Madrid judge accepted an appeal by prosecutors for corruption charges to be brought against the Brazilian, a court filing said.
8 November 2016, 04:56 AM

Passenger exit tax introduced at Doha airport

Qatar's international airport is to charge passengers an exit tax as the energy-reliant emirate adjusts to falling oil prices.
29 August 2016, 09:29 AM