A SIMPLE trip to the grocery store feels like a budgeting nightmare for the middle class. The recent increase in value-added tax and supplementary duty on over 100 items has triggered frustration and raised questions about whether the government is balancing its books at the expense of ordinary citizens...
The National Board of Revenue on Thursday announced deadline extension for filing income tax returns for both individual taxpayers and companies...
Northern farmers on Wednesday staged a protest by dumping tomatoes on the Rajshahi-Dhaka Highway in Natore, demanding withdrawal of the increased value added tax and duty imposed on tomato and mango pulp...
Experts on Monday called for establishing a stable tax policy as they criticised the National Board of Revenue for its lack of accountability in deciding why taxes are exempted, increased or reduced...
Taxpayers can submit their income tax returns round the year through online system, but they have to pay extra charge...
Left-leaning political leaders, student leaders and activists on Thursday demanded that the interim government cancel the recently increased value-added tax and supplementary duty on more than 100 products and services...
Dhaka stocks saw a sharp drop in past week, marking the second consecutive week of losses, as investors remained cautious due to sudden tax hikes by the government...
High government taxation has made it nearly impossible to offer affordable internet services to rural communities, said industry stakeholders on Thursday...
The recent decision of the interim government to expand the VAT net and hike VAT rates at the behest of the International Monetary Fund has justifiably attracted harsh criticisms from all quarters. This is the worst decision of the interim government since its inception following the overthrow of the autocratic regime of Sheikh Hasina and is hence bound...
Leaders of different political parties on Wednesday at separate protest programmes in Dhaka said that imposing value added tax and supplementary duties on more than 100 commodities would increase sufferings of the common people to run their families...
Tax Commissioner Mutasim Billah Faruqi has been selected as president and Syed Mohibul Hasan secretary general of the BCS (Taxation) Association...
The price of liquefied petroleum gas has been slightly raised following a change in the structure of the value-added tax by the National Board of Revenue, according to the Bangladesh Energy Regulatory Commission...
The Democratic Student Alliance, a combine of seven student wings of left leaning political parties, on Tuesday held a protest march towards the chief adviser鈥檚 office, pressing for a five-point demand, including the withdrawal of the Value Added Tax recently imposed on over 100 commodities...
THE increase in taxes on more than a hundred products has sparked widespread concern among the public. At a time when inflation is soaring and economic conditions are worsening, the increase has further strained the financial capability of ordinary citizens. This increase, which predominantly affects essential goods and services, will undoubtedly...
THE government鈥檚 having increased value-added tax and supplementary duty on more than a hundred products and services by way of two ordinances, promulgated on January 9, has rightly raised the call for the government to walk back the decision. The products and services that have become dearer include mobile talk time, internet usage, biscuit...
The Consumers Association of Bangladesh has urged the government to withdraw its recent decision to increase VAT and supplementary duties on over 100 essential goods and services, citing its potential to exacerbate inflation and intensify public suffering...
Economists and a consumer rights body have criticised the rise in the value-added tax and supplementary duty on more than 100 products and services midway of the current financial year, saying...
The National Board of Revenue has increased income tax on industries making motorcycle, freezer, refrigerator and air conditioner in a move to increase revenue generation from direct tax...
The Executive Committee of the National Economic Council on Wednesday approved 10 projects worth Tk 4,246.72 crore, including one for building Chattogram Tax Building with Tk 437.07 crore.
Dhaka Bank PLC launched real time collection of holding tax and trade licence fee of Dhaka South City Corporation in an event at Nagar Bhaban in Dhaka on Monday, said a press release...
The National Board of Revenue on Monday has extended the exemption period of the value added tax on metro rail tickets for one more year...
The number of income tax returns filed online has surpassed 10 lakh, with registrations for online return filing exceeding 16 lakh.
Residents of all unions in Gaibandha district can now digitally pay their holding tax and trade licence fees exclusively through Nagad, the digital financial service of the Bangladesh Postal Department, said a press release...
The government has exempted VAT, including advance tax, on importing capital machinery for ship-recycling yards to promote environmentally sustainable practices in line with global standards...
Finance adviser Salehuddin Ahmed on Tuesday said that the tax exception culture enjoyed by industries over the years was due largely to low domestic revenue generation...
Discussants at a workshop on Tuesday said as cigarette prices did not increase in alignment with the rate of inflation, this harmful product had been becoming increasingly affordable in Bangladesh.
The National Board of Revenue has so far received over 5,00,000 income tax returns online, the number is 129 per cent higher than the same period of the of the previous year...
British business lobby group, the CBI, on Monday hit out over the Labour government鈥檚 tax hikes on firms, saying the 鈥榟eavy burden鈥� risked cuts to hiring and investment...
Some 57 per cent of SME entrepreneurs has mentioned tax structure as the main obstacle to doing business in compliance with the law while 54 per cent of entrepreneurs considered the trade licence renewal process as an obstacle...
US president-elect Donald Trump on Friday named billionaire Scott Bessent as his Treasury secretary, choosing the hedge fund manager to help execute an agenda promising tax cuts and tariffs...