Tax News
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Economic zone tax breaks create disparity
The tax exemption benefit given to industrial units inside the economic zones has created disparity between factories outside the industrial...
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Tax receipts fall short of target by 20pc
Tax collection fell short of target by 20 percent in fiscal 2018-19, with the National Board of Revenue (NBR) blaming...
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Frequent changes in tax regime to bring no good
An article with the title “One single VAT registration for taxpayer is way forward” published on July 21 in Star...
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NBR misses revised revenue target by Tk 50,000cr
The National Board of Revenue (NBR) logged Tk 230,000 crore in tax in the just concluded fiscal year but failed...
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One single VAT registration for taxpayer is way forward
I extend my sincerest thanks to the National Board of Revenue (NBR) for amending several provisions of the Finance Bill...
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US to probe French tax plan for tech firms
US President Donald Trump on Wednesday ordered an investigation into France’s planned tax on technology companies, a probe that could...
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10pc tax on all savings tools
The higher tax on profits from national savings instruments from this fiscal year will be applied on both new and...
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Obsession with taxing the mobile telecom sector
There is an obsession in Bangladesh with taxing mobile telecom services. The resulting burden on the sector trickles down to...
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Tax measures to hit steel industry, consumers hard
The price of mild-steel rod will go up Tk 10,350 per tonne if the proposed value-added tax and other fiscal...
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Banks call for exemption from stock dividend tax
Banks have sought to be excused from the government’s decision to introduce tax on both stock dividends and retained earnings.Finance...
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Trade licence renewal tax to shoot up six times
The tax on trade licence renewal is set to increase six times from next fiscal year, raising concerns of soaring...
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Tax on retained earnings to imperil FDI: Ficci
Multinational companies will feel discouraged to reinvest from their incomes if the proposed 15 percent tax on their retained earnings...
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Tax hike to affect digital business
Four tech-centric trade bodies yesterday said the proposed budget would hinder the growth of digital business and increase costs for...
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Spare banks from stock dividend tax
Banks have sought to be excused from the government’s plan to introduce 15 percent tax on stock dividend and retained...
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Tax on savings tools may go up
The government may increase the tax at source on interest income from investment in national savings instruments in the next...
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Bagerhat ex tax official sued over Tk 3.4cr embezzlement
Bagerhat tax circle former assistant tax commissioner Md Mesbah Uddin Ahmed was accused in a case over embezzling Tk 3,47,34,419...