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
Tag: NBR
Amazon, Google register for VAT
Tech giants, Google and Amazon have acquired a Business Identification Number (BIN) from the National Board of Revenue (NBR) last week to run their business in Bangladesh while ensuring value-added tax (VAT) compliance. The companies will now pay a yearly 15% VAT on revenue earned from the country. Google got its VAT
NBR struggles to achieve VAT collection target
VAT realization: NBR turns down Dhaka Club’s request
The National Board of Revenue (NBR) has turned down the request of Dhaka Club Limited to stop activities of realising Tk 33.74 crore as Value Added Tax (VAT) and Supplementary Tax. The revenue collecting authority in a letter recently informed that there is no scope of waiver of VAT and Supplementary
265 zarda, gul factories evading taxes
Hike tobacco tax and price to save lives, earn revenues: ATMA
The Anti-Tobacco Media Alliance (ATMA) on Tuesday urged the National Board of Revenue (NBR) to impose specific taxes and hike prices of all tobacco products to discourage people from consuming them. At a pre-budget meeting in the city, the delegates of ATMA also presented its budget proposals for 2021-22FY and handed