August 27, 2021
August 27, 2021

Import duty evasion drops as fine doubles

Import-related irregularities have gone down significantly after the National Board of Revenue (NBR) doubled the minimum penalty for evading duties, helping the government earn more in taxes.

August 24, 2021
August 24, 2021

Be cautious about giving Safta duty benefits

The customs authorities will not grant duty benefits under the South Asia Free Trade Area (Safta) if importers submit import related documents issued by non-member states of the South Asian...

August 20, 2021
August 20, 2021

Green Delta launches VAT return processing software

Green Delta Insurance Company has virtually launched an online VAT return processing software automating the whole process and ensuring transparency, convenience and timely processing. 

August 6, 2021
August 6, 2021

Google pays Tk 2.3cr VAT to NBR

Global tech giant Google has paid Tk 2.30 crore as value added tax (VAT) directly to the National Board of Revenue.

August 1, 2021
August 1, 2021

Tax receipts rebound

Tax collection bounced back in Bangladesh in the last fiscal year to grow at the sharpest pace in 10 years, riding on increased imports and an uptick in receipts of value-added tax.

July 30, 2021
July 30, 2021

Rights group urges US customs to probe Goodyear Malaysia

Rights group Liberty Shared has asked United States customs authorities to investigate the Malaysian operations of American tyre maker Goodyear Tire & Rubber Co over accusations of abusive...

July 30, 2021
July 30, 2021

Facebook deposits Tk 2.4cr VAT

Social media giant Facebook has deposited nearly Tk 2.4 crore in value-added tax (VAT) after it got registration for the indirect tax with the National Board of Revenue (NBR).

July 29, 2021
July 29, 2021

Facebook deposits Tk 2.4cr VAT directly after registration

Social media giant Facebook has deposited nearly Tk 2.4 crore in value-added tax (VAT) after it got registration for the indirect tax with the National Board of Revenue (NBR).

July 27, 2021
July 27, 2021

Philips beats earnings forecast

Dutch health technology company Philips on Monday beat analysts’ expectations with a jump in second-quarter core earnings to 532 million euros ($626 million), boosted by its personal health and...

July 18, 2021
July 18, 2021

KSRM faces Tk 231cr VAT evasion charge

The Chattogram VAT commissionerate filed a case on Thursday accusing KSRM Steel Plant of dodging value-added tax (VAT) payments worth Tk 231.17 crore on product sales and raw material purchase.