BGMEA urges NBR to support RMG industry

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) urged the National Board of Revenue (NBR) to support the RMG industry in realizing its potential and expediting growth, said a press release. BGMEA President Faruque Hassan made the requests at a meeting with  Zakia Sultana, member (VAT and Policy) of NBR at her

Cabinet asks NBR to cut VAT on edible oil import

The Cabinet on Monday directed the National Board of Revenue (NBR) to take immediate steps to curtail the VAT on edible oil import to the lowest ceiling in the wake of the rising price of the essential item. The directive came from the Cabinet's meeting chaired by Prime Minister Sheikh Hasina

BGMEA President urges NBR to resolve business difficulties

BGMEA President Faruque Hassan has urged the National Board of Revenue (NBR) to remove customs and bond related impediments and ease procedures along with services in order to propel the growth of RMG industry. “Business procedures should be made faster and easier to reduce time and cost, which will help accelerate

BGMEA urges NBR to ease business procedures

BGMEA President Faruque Hassan has urged the National Board Revenue (NBR) to eliminate barriers to business procedures, especially customs and bond related issues and make them more simplified for the RMG industry in a bid to capture potential opportunities that lie ahead. The RMG industry has been able to back on

BGMEA urges NBR to simplify business procedures

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has urged the National Board of Revenue (NBR) to remove customs and bond related obstacles from the way of business to expedite the growth of the apparel and textile industry. The association also called for simplifying business procedures like inclusion of new raw

BRAC Bank receives highest tax-paying bank award

The National Board of Revenue (NBR) has recognized BRAC Bank as the one of the highest tax payers in banking sector and awarded Tax Card for Tax Year 2020-2021, said a press release. The bank was recognized with a tax card and a memento on being the 4th highest income tax

NBR, BRAC Bank exchange views on online VAT payment

BRAC Bank organized a roundtable discussion where the bank’s corporate customers exchanged views with the high officials of National Board of Revenue (NBR) about their experience of paying VAT and other duties online. Kazi Mostafizur Rahman, VAT Online Project Director (Commissioner) of NBR was the chief guest at the roundtable titled

Around 18 lakh new e-TIN regs in last 14 months: NBR

Around 18 lakh people have registered for e-TIN (tax identification number) in the last 14 months, according to latest National Board of Revenue (NBR) data. With this, the number of e-TIN holders has reached to 67.93 lakh in the country. National Board of Revenue (NBR) Chairman Abu Hena Md Rahmatul Muneem made

BRAC Bank joins NBR’s online VAT payment system

The National Board of Revenue (NBR) has partnered with BRAC bank, allowing the bank to establish its API connectivity with NBR’s VAT Online Project, said a press release. BRAC bank has become the country's first private commercial bank to establish API connectivity with NBR's VAT online project. The release read that the