Tag: VAT

Banglalink wins “Most Compliant Company in VAT operations” Award

- Times Report -

Banglalink, one of the leading digital communications service providers of the country, has been awarded as one of the Most Compliant Companies in VAT Operations in 2020-2021 fiscal year. Erik Aas, Chief Executive Officer, Banglalink received the award on Sunday (December 12) on behalf of the company at an award function organized

BRAC Bank joins NBR’s online VAT payment system

- Times Report -

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

NBR struggles to achieve VAT collection target

- Fahad Ferdous, UNB -

The National Board of Revenue (NBR) is mounting pressure on its field offices to boost VAT collection as only 41 percent of the first seven months’ target was achieved amid challenges posed by the Covid-19 pandemic. It has asked the offices to attain the target keeping the present situation in mind

VAT realization: NBR turns down Dhaka Club’s request

- Times Report -

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