The 21 officials cleared of their penalties are: Commissioner (Current Charge) Md Zakir Hossain; joint commissioners of taxes Morshed Uddin Khan, Masuma Khatun, Md Mamun Mia, Monalisa Shahreen Sushmita and Md Sanwarul Kabir; additional commissioners of taxes Murad Ahmed, Mirza Ashiq Rana, Hasan Muhammad Tarek Rekabdar, Sifat-e-Mariam, Sultana Habib, Chand Sultana Chowdhurany, AAM Amimul Ehsan Khan and Sadhan Kumar Kundu; deputy commissioners Imam Tauhid Hasan Shakil, Md Zillur Rahman, Mohammad Saidul Islam, Mohammad Shihabul Islam and Md Shahadat Jamil; and revenue officers Sobuj Mia and Shafiul Boshr.

Financial support provided to meet exceptional medical expenditure is fundamentally different from ordinary remuneration

The National Board of Revenue (NBR) has exempted businesses and companies with annual turnover of up to Tk 2 crore from minimum turnover tax, easing a tax burden that applies regardless of whether a business makes a profit.

The issue is not whether businesses should pay tax. The real question is whether gross sales or gross receipts (essentially, turnover) are an appropriate basis for determining tax liability, particularly for small and low-margin enterprises

Taxpayers filing their returns between July 1 and September 30 will qualify for a tax rebate of 5 percent of the tax payable, up to a maximum of Tk 25,000

Achieving both the revenue collection target and maintaining a business-friendly environment simultaneously is possible, DCCI President Taskeen Ahmed said

Officials may also temporarily seize documents or devices and collect copies of records

The NBR said its officials never contact taxpayers over personal mobile numbers or unauthorised channels regarding audits

The government, for the first time in Bangladesh, has announced tax rates for five years to provide businesses with greater policy certainty and help create jobs, said Rashed Al Mahmud Titumir, the prime minister's adviser on planning and economic affairs

Finance Division says structural weaknesses holds back revenue growth

Country’s fast-growing motorcycle fleet and rising fatality rates contrast with helmet imports declared at a fraction of their retail value

The National Board of Revenue (NBR) has instructed all customs houses and stations to keep import and export operations running on a limited scale during the upcoming Eid-ul-Azha holidays.

The vehicles should have a minimum of 17 seats, including the driver

The Bangladesh Economic Association (BEA) placed the recommendation to the NBR

This is the second extension of the deadline

The expenditure hit Tk 1.07 lakh crore, down from Tk 1.15 lakh crore in the previous year

Investments and donations in fourteen (14) specified sectors have been made eligible for tax rebate, subject to Section 78 of the Income Tax Act, 2023 and Part III of the Sixth Schedule

The National Board of Revenue (NBR) yesterday extended the income tax return submission deadline for companies by one month-- to April 15.

The revenue authority said the decision was taken in the public interest

Threatening messages based on fabricated claims have been sent through fake email addresses