Western buyers taking advantage of ‘suboptimal’ working conditions in Bangladesh: Belgian Royal Palace
But despite a population of 1.4 billion, only about 80 million people and companies pay direct taxes in India. Most people earn below the income tax threshold, and tax under-reporting remains a major issue. Despite the tax cut, Sitharaman said India’s budget deficit would come down to 5.9 percent of GDP from 6.4 percent earlier. […]
British Finance Minister Jeremy Hunt will promise on Friday to tackle the country’s weak productivity with post-Brexit finance reforms to boost growth, but he will stick to tax hikes that have angered some MPs in his Conservative Party. Have given. Hunt, which stabilized financial markets after the upheaval of former prime minister Liz Truss’ “mini-budget” […]
As per the circular, in order to bring uniformity in opening NITAs in the name of Non-Resident Bangladeshis (NRBs), authorized dealers are advised to obtain specific documents and information from the applicants. To make documentation easier BB has specified docs for opening NITA. As per the new directive, the documents include valid passport copy of […]
The National Board of Revenue has extended exemption on VAT for import of cooking oil for four months to keep prices low during Ramzan when demand increases. According to a notice published on Tuesday, traders will be able to import cooking oil by paying 5 per cent VAT till April 30. VAT exemption of 15 […]
NBR has been giving tax cards and honors to top taxpayers since 2016. Of the 141 top taxpayers in 2021-22, 76 are individuals and the rest are organisations. Organizations include banks, non-banking financial organizations, telecommunications, engineering, food and related organizations, fuel, jute, spinning and textile, pharmaceutical and chemical, print and electronic media, housing, readymade garments, […]
