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.

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

Bangladesh has formally requested a deferral of its LDC graduation by at least three years to allow time to implement key domestic reforms

Market analysts say this sends the wrong signal as the government tries to revive the capital market

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.

NBR will have to collect Tk 6,04,000cr

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

The National Board of Revenue (NBR) fell short of its nine-month tax collection target by nearly Tk 1 lakh crore, leaving it needing to mobilise over Tk 2.60 lakh crore in the final quarter of fiscal year 2025-26 (FY26).

The National Board of Revenue (NBR) is considering a range of measures to strengthen revenue collection in the upcoming fiscal year 2026-27 (FY27), including the reintroduction of a wealth tax, a new inheritance tax, higher rates for the ultra-rich, and a rationalisation of existing tax exemptions.

The National Board of Revenue (NBR) fell short of its revenue target by 28 percent during July-February of fiscal year 2025-26 (FY26), leaving a gap of Tk 71,472 crore.

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

The National Board of Revenue (NBR) has ordered income tax officials to use import data directly when calculating tax liabilities, a move aimed at curbing evasion and easing the refund burden on businesses.

Revenue collection by the National Board of Revenue (NBR) grew 13 percent year-on-year to Tk 2.24 lakh crore in the July-January period of fiscal year 2025-26 (FY26), driven largely by strong VAT receipts from domestic trade and economic activity.

Revenue collection by the National Board of Revenue (NBR) grew 13 percent year-on-year to Tk 2.24 lakh crore in the July-January period of fiscal year 2025-26 (FY26), driven largely by strong VAT receipts from domestic trade and economic activity.

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 help desk will provide assistance related to online income tax return filing

The decision was announced in a special order issued today, pushing back the previous cut-off of 30 November

Revenue collection rose nearly 16 percent year-on-year in the first four months of the current fiscal year, thanks to a turbulent base period last year and a more settled political and business climate now.

This will enable the transfer of refundable VAT amounts directly to taxpayers’ designated bank accounts