NBR News
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Fine doubles for wrong information in export-import documents
The government has amended the Customs Act, doubling the penalty for providing incorrect information in import and export paperwork despite...
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Scope To Legalise Dark Money Indefinitely: Kamal’s system draws flak from economists
Economists yesterday lambasted Financing Minister AHM Mustafa Kamal for his intend to allow the black money whitening opportunity given that...
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NBR collection target may remain unchanged
The government may keep its tax collection target unchanged for the National Board of Revenue in the next fiscal year...
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Automation could have boosted tax receipts: NBR
Automating the tax administration could have accelerated earnings collection while enabling home based amidst the pandemic, averting many losses, including...
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NBR works to chop country’s import dependence, says its chairman
The National Board of Earnings (NBR) really wants to prioritise local industries when making considerations for another national budget so...
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MCCI demands cutting land registration fees
The Metropolitan Chamber of Commerce and Industry (MCCI) yesterday urged the government for reducing land registration fees, stating that the...
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Retain undisclosed money expense scope in stock markets
Three associations operating in the financial industry urged the earnings authority to provide tax benefit and plan support in the...
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Kamal irked by delays on NBR’s automation
Financing Minister AHM Mustafa Kamal yesterday expressed his disappointment to the taxmen for failing woefully to keep carefully the promise...
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Top taxpayers honoured
It had been a day of acknowledgement for taxes compliance and the delight of being honoured. This recognition came from...
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New definition of CKD to discourage bike manufacturing locally
Motorcycle makers have alleged that the new description of completely knocked-straight down (CKD) pieces for two-wheelers will discourage local development...
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Sugar refiners relieved of progress tax
The National Board of Earnings (NBR) has relieved sugar refiners of advance tax (AT) on import of raw sweeteners for...
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Importers get the nod to buy 330,000 tonnes of rice
The government has given the nod to private firms to import 330,000 tonnes of rice as it looks to increase...
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NBR removes tax on wheat imports
The National Panel of Revenue has removed the advance income tax (AIT) on imported wheat after it had been discovered...
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Revenue collection found in the slow lane
Revenue collection grew by 1.18 % year-on-year in the July-November period, reflecting that economical activities have got not recovered fully...
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NBR introduces lottery to improve VAT collection
Buying a product right from a store could help win Tk 100,000.Sounds bizarre? Well you do have the chance to...
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Revenue collection rises in Jul-Oct
The National Board of Revenue collected a 1.14 % higher tax of Tk 66,555 crore in the July-October period thanks...