Fundamental weaknesses have been exposed in the entire economic system. Comprehensive qualitative changes are required, otherwise it will not be possible to overcome the crisis. Wahiduddin Mahmud raised the question whether any such initiative was taken from the highest level of the government. The government is continuously taking foreign loans. Expenditure on interest has increased […]
Prothom Hello , This is the fourth term of the Awami League and the first budget of the new finance minister. What is new in this budget? Broadly, how would you evaluate it? There were a lot of expectations from this budget. Our economic problems or crisis, whatever you call it, have been going on […]
Where was taxpayers' money spent
Incidentally, the ACC has found that Benazir, her wife and children own 621 bighas of land in Gopalganj, Madaripur, Dhaka and other districts, four flats in Gulshan, 33 bank accounts, shares in 19 companies and three B.O. accounts, as well as savings certificates worth 30 lakh taka (30 lakh taka). Following an appeal by the […]
Tax-free income limit remains unchanged amid high inflation
IMF wants 15 percent VAT in all sectors
According to the World Bank, Bangladesh's economy is currently facing four challenges – high inflation, foreign exchange deficit, import restrictions and risks to the financial sector. However, the WB estimated that Bangladesh's economy would grow at 5.6 percent, although the government has targeted a growth of 7.5 percent. The Washington-based global lender highlighted these in […]
In 2022, the government increased duties on imported dates in an effort to keep imports under control. It consisted of 25 percent import duty, 15 percent VAT, 5 percent advance income tax, 5 percent advance tax and 3 percent regulatory duty. The total tax burden was 59 percent. Recently, the government cut import duty by […]
In a span of three months, the prices of these dates have increased by 200-300 taka per kg. Last Saturday, in Chattogram markets, boxed dates were being sold at Rs 380, Mashrukh at Rs 500, Safari at Rs 800, Saudi Arabian amber at Rs 800, Nakal at Rs 350 and dates on string at Rs […]
Expressing his gratitude on receiving the award, Shahzad Munim said, “BAT Bangladesh fully adheres to the laws of the country, maintaining a culture of transparency and timely tax payment. We take pride in making a significant contribution to national development and envision BAT Bangladesh as a steadfast development partner in the country’s journey towards becoming […]
The deadline for filing income tax returns at the individual level has been extended by two months. According to a circular from the National Board of Revenue (NBR) on Wednesday, individuals will be able to submit returns till January 31. *more to follow…
At the age of 22, she had become Latin America’s biggest pop star, with fans including Colombian Nobel Literature Prize winner Gabriel García Márquez, who declared that she had “invented her own brand of innocent sexuality”. . To help her break out into Latin America, US-Cuban diva Gloria Estefan encouraged her to sing in English […]
Colombian superstar Shakira will pay a fine of more than 7.3 million euros (US$7.98 million) as part of a deal with Spanish prosecutors to avoid a tax fraud trial, a Barcelona court said on Monday. Under the agreement, announced at the beginning of the 46-year-old singer’s trial, Shakira also agreed to receive a three-year suspended […]
The two-day workshop was organized in Ghazipur, Dhaka from 11 October to 12 October in collaboration with NBR. Tax Appellate Tribunal Chairman Mohammad Nazmul Karim attended the event as the chief guest. Mohammad Iqbal Hussain, member of Tax Appeals and Exemptions, AKM Badiul Alam, member of International Tax and Tax Information Management and Services and […]
Song Yang said, “Bangladesh has a long-standing relationship with China. This kind of exhibition creates a new hope for us. It is a platform to highlight the cooperative spirit between the two countries.”Noting that Chinese President Xi Jinping launched the Belt and RoadHe said the initiative (BRI) in 2013 is now bearing fruit. “Our strong […]