The five-member Advisory Committee formed to propose positive reforms in National of Revenue (NBR) is likely to start its activities from next week although there is some Board confusions among the members regarding their facilities for work and jurisdiction. On Wednesday the interim government through a gazette notification formed the five-member
Tag: NBR
NBR sets six-month targets to expand tax net
The National Board of Revenue (NBR) has set a six-month target to significantly broaden its tax base, aiming to reduce the disproportionate burden on the country's existing taxpayers. "We have fixed a target of six months to widen the tax net, focusing on increasing the number of taxpayers. This will be
BRAC Bank clarifies news on NBR officials’ visit to its Gulshan Branch
Recently, several news reports were published in media on the visit of National Board of Revenue (NBR) officials to the Gulshan Branch of BRAC Bank PLC. Some of these reports had misleading titles, contained inaccurate information, leading to misunderstandings regarding the event. BRAC Bank issued the following statement as a
Next budget should focus on macroeconomic stability: CPD
ABB leadership congratulates NBR Chairman on reappointment
A delegation of the Association of Bankers Bangladesh Limited (ABB) led by its Chairman, Selim R. F. Hussain, made a courtesy call on the Chairman of the National Board of Revenue and Senior Secretary, Internal Resources Division Abu Hena Md. Rahmatul Muneem. ABB leaders congratulated him on his reappointment. ABB Secretary
BGMEA holds meeting with NBR
Faruque Hassan, President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) held a meeting with Ms. Farzana Afrose, Member (Customs and VAT Admin) of the National Board of Revenue (NBR) to discuss pressing issues affecting the garment industry. The meeting was held at the NBR office in Dhaka on January
BGMEA urges NBR to make services easier for RMG industry
In the dynamic landscape of the global trade market, Faruque Hassan, President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), has called upon the National Board of Revenue (NBR) to extend cooperation and provide essential support to maintain the export-oriented ready-made garment (RMG) industry’s competitiveness on the global stage. “The
Tax return deadline extended by 2 months
The National Board of Revenue (NBR) has extended the deadline for submitting individual income tax returns by two months. Now, individual taxpayers could submit their income tax returns till January 31 next year. The previous deadline for income tax return was November 30. An order signed by Md Mohidul Islam Chowdhury, second
NBR defends min Tk 2,000 tax for TIN holders
Revenue collection grows 8.92pc in July-Feb
The revenue collection by the National Board of Revenue (NBR) during the July-February period of the current fiscal year (FY23) witnessed an 8.92 percent growth from income tax, VAT and customs with a collection of Taka 1,96,037.51 crore. The revenue collection by the revenue board during the same period of the