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NBR makes e-seal mandatory for transit goods

Dhaka, April 15 -- The National Board of Revenue (NBR) has issued a rule making an electronic lock and seal mandatory for transit and transshipment goods through Chattogram and Mongla ports to India. ... Read More


Tax breaks crucial for big ICT investments

Dhaka, April 7 -- The revenue authority is facing calls to extend tax benefits for the information technology and information and communications technology-enabled services (IT-ITES) sector until 2030... Read More


Orsaline taxed at 98pc in BD

Dhaka, April 4 -- Oral saline is taxed at above 98 per cent in Bangladesh now due to the inclusion of its prime packaging material on a high import tariff list. Local manufacturers say that changes i... Read More


NBR needs Tk 458.53b monthly haul to meet FY24 target

Dhaka, March 24 -- After a Tk 182.21 billion shortfall in domestic revenue mobilisation by February this year, the revenue authority now needs to collect Tk 458.53 billion in each of the remaining fou... Read More


Bhutan calls BD for duty benefit under PTA

Dhaka, March 23 -- Bhutan has urged Bangladesh to allow its businesses enjoy duty benefit under the Preferential Trade Agreement (PTA) signed in December 2020. Bhutan, the only country having a bilat... Read More


Gratuitous corporate tax relief ahead

Dhaka, March 14 -- A slew of tax benefits may be declared three months ahead of the national budget for fiscal year 2024-25 under an urgency felt for easing burden on select corporate taxpayers. Educ... Read More


Leather export source tax getting halved

Dhaka, March 10 -- Source taxes on leather-and leather-goods exports are going to be halved to help the sector meet high-cost compliance precondition of buyers, as export diversification comes under g... Read More


Telcos face Tk 1.45b interest claim on settled tax disputes

Dhaka, March 6 -- Having settled 16 cases of unpaid taxes through alternative dispute resolution in 2019, the revenue board is now seeking to claim Tk 1.45 billion in interest on VAT paid earlier from... Read More


IMF reviews Bangladesh's revenue situation from today

Dhaka, March 3 -- An International Monetary Fund (IMF) mission begins reappraisal of Bangladesh's tax-expenditure status on direct taxes, tax incentives to businesses and compliance issues through con... Read More


Online portal fails to attract large individual taxpayers

Dhaka, March 2 -- The online tax return system could not attract the large individual taxpayers due to a lack of confidence in the portal having inadequate features. The full features that could have... Read More