Urban migration surges
Migration to urban areas from rural regions and other towns surged in 2015 for the third consecutive year amid people's quest for
9 July 2016, 18:00 PM
Wheat imports hit a record high
Wheat imports crossed the 40 lakh-tonne mark for the first time in the outgoing fiscal year, buoyed by low
30 June 2016, 18:00 PM
Source tax from exports may double next fiscal year
The National Board of Revenue is set to log in about Tk 4,000 crore as source tax from export proceeds next fiscal year owing to the
23 June 2016, 18:00 PM
NBR offers duty cuts to spare parts of farm machinery
The National Board of Revenue has for the first time offered duty benefits for importing certain spare parts for agricultural machinery in
16 June 2016, 18:00 PM
Falling interest rates on deposits erode NBR's tax receipts
Sliding interest rates on deposits have taken a toll on the National Board of Revenue's takings from savers -- a
12 June 2016, 18:00 PM
NBR moves to boost payroll taxes
Companies will have to submit a list of employees and their taxpayer identification numbers to the National Board of
7 June 2016, 18:00 PM
NBR imposes guarantee on transit goods
The National Board of Revenue has slapped on a condition that goods to be transited through Bangladesh will require owners of cargo
5 June 2016, 18:00 PM
NBR seeks tax on interest from provident funds
The tax authority is seeking to impose 5 percent source tax on interest earnings of provident, pension or gratuity funds' bank deposits
5 June 2016, 18:00 PM
October 30 Tax Day
The government declared October 30 as Tax Day, setting a fixed deadline for individual taxpayers to submit their income tax returns for the year. Individuals will have to file returns on or before that date.
2 June 2016, 18:00 PM
VAT to push up cost of living
The government has backtracked from its decision to roll out the new VAT law from July due to resistance from businesses and a section of revenue officials and inadequate preparation from the National Board of Revenue.
2 June 2016, 18:00 PM
Middle-class hit by tax burden
Ariful Islam has been paying taxes regularly for the last several years on the income from his employment as a banker.
2 June 2016, 18:00 PM
Promises for tax reforms fall through
Four years ago, when Finance Minister AMA Muhith unveiled his plan to modernise the tax revenue system to ease taxpayers' hassle, many believed that better days are on way.
1 June 2016, 18:00 PM
More individuals rank among the wealthy
The National Board of Revenue found an additional 779 individuals with more than Tk 2 crore in net worth last fiscal
31 May 2016, 18:00 PM
Tax collection to miss target for fourth year
The government is likely to miss its tax collection target for the fourth consecutive year, which analysts have already predicted amid slow economic activities and weaknesses in tax policy and administration.
30 May 2016, 18:00 PM
Tax returns filing may go online next year
Taxpayers are likely to be able to file and submit tax returns online next fiscal year -- a development that is
28 May 2016, 18:00 PM
High prices lure farmers to jute cultivation
Farmers have sown jute on more lands this season for greater profits after many growers incurred losses due to low prices of rice and other crops.
23 May 2016, 18:00 PM
Food grain yield to fall short of target
Food grain production is likely to fall short of the target of 3.64 crore tonnes this fiscal year, for a drop in acreage
21 May 2016, 18:00 PM
Culture of deadline extension for tax returns may go
The National Board of Revenue is considering putting an end to the culture of deadline extension for tax returns submission from next fiscal year by introducing a definite cut-off day for furnishing annual income statements.
18 May 2016, 18:00 PM
Revenue rises 16pc in July-March
Revenue collection rose 16 percent year-on-year to Tk 105,432 crore in July-March of the current fiscal year,
12 May 2016, 18:00 PM
Demand for building materials on the rise
The government’s infrastructure projects and rising homebuilding in rural areas and suburbs have provided scope for construction ingredient makers to make up for the void in demand created by the slowdown in the real estate sector.
7 May 2016, 18:00 PM