Eight leading trade bodies yesterday voiced deep concern over a National Board of Revenue (NBR) directive empowering tax officials to conduct on-site inspections for tax deducted at source (TDS), saying it has created fear and panic among businesses in manufacturing and services.

The National Board of Revenue (NBR) has strengthened its nationwide monitoring and verification of tax deducted at source, aiming to increase revenue collection.

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

Business leaders have urged the National Board of Revenue (NBR) to simplify customs procedures, alleging that repeated inspections, laboratory testing and lengthy verification processes are delaying cargo clearance by up to a week or more, driving up business costs and eroding the competitiveness of local industries

Businesses have welcomed the relief, and officials at the NBR say it will make compliance easier

The National Board of Revenue (NBR) is on course to miss its annual revenue target for the current fiscal year, extending its run of shortfalls to a tenth straight year.

The revenue authority plans to gradually develop a mechanism to assess assets at actual market value

Is there any immediate prospect of reviving meaningful revenue sector reforms under the new government?

The National Board of Revenue (NBR) posted a 14 percent growth in revenue collection in the first half of the current fiscal year (FY), yet missed the target for the period by a staggering Tk 46,000 crore or nearly 10 percent.

The National Board of Revenue (NBR) recorded a 15 percent year-on-year growth in tax collection during the first five months of the fiscal year 2025-26 (FY26), but still fell short of its target by nearly Tk 24,000 crore.

Finance Adviser Salehuddin Ahmed yesterday urged tax lawyers to assist the government in strengthening revenue collection by helping prevent the concealment of taxpayers’ income and wealth.

Nine more officials of the National Board of Revenue (NBR) have been suspended for their alleged involvement in organising protests against the government's ordinance that dissolved the NBR and split it into two divisions.

NBR mandates online income tax returns for all individuals from this year

Over 85 percent of the certificates, licences, and permits (CLPs) issued so far through the Bangladesh Single Window (BSW) system were delivered within an hour, according to the National Board of Revenue.

Why should ordinary citizens bear the burden of a bureaucratic breakdown?

Why is this issue being dragged on for so long?

The National Board of Revenue (NBR) has uncovered tax evasion amounting to nearly Tk 6,250 crore since September 2024, according to a statement issued yesterday.

Protests by tax, customs officials disrupting services

The crisis at the National Board of Revenue is deepening as disgruntled employees have launched a fresh five-day protest, demanding the chairman’s removal and the repeal of a new ordinance that splits the tax authority. The protest threatens to disrupt tax collection, delay trade and further strain the country’s revenue targets.

Govt must straighten out the kinks to ensure smooth transition