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Search results for: NBR

Corporate tax posts 20.55pc growth in Q1

Doulot Akter Mala October 17, 2017 10:20:09

Income tax collection from the large corporate taxpayers posted 20.55 per cent growth in the first quarter of the current fiscal year (FY) largely because of higher financial contribution of the comme...

Deferred new VAT law faces further vetting

Doulot Akter Mala October 07, 2017 00:44:40

Government's revenue authorities have decided to conduct afresh an impact assessment of the new VAT law, pending its now-deferred enforcement, as skepticism cropped up. Sources said the National Boar...

VAT rules now up for amendment

Doulot Akter Mala September 25, 2017 00:52:32

With a new law put on the backburner, government's revenue authority decided to amend the existing value-added tax (VAT) rules to digitise the taxing.   Sources said under the amended rules,...

Government goes for augmenting non-tax revenue to meet needs

Rezaul Karim September 19, 2017 10:11:51

The government plans to augment non-tax revenues and non-NBR tax collection by exploring new areas to meet its growing fund needs, officials said. Besides, a hike in fees on different items under d...

NBR finds flaws in tax returns

Doulot Akter Mala August 21, 2017 06:37:22

A much-vaunted review of all the income-tax returns submitted in last fiscal detected only less than one per cent mathematical errors, but scared many of the taxpayers.   Officials said taxmen...

VOP may linger at a price of Tk 1.0b

Doulot Akter Mala August 09, 2017 04:40:18

The VAT Online Project (VOP) may linger for two more years at an extra cost of Tk 1.0 billion following the deferment of the new VAT law.   The project, undertaken for introducing online paymen...