Tag: NBR
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Bangladesh extends personal income tax return deadline by 1 month
However, amid the recent economic instability, various business organizations had called for an extension of the deadline. The Federation of Bangladesh Chambers of Commerce and Industry submitted their demand to the NBR chairman. On Wednesday, at an event celebrating Income Tax Day, the NBR chairman announced the extension of the deadline that allows taxpayers to…
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Online tax payment from 26th May
Any government needs revenue to run and take development projects for citizens. Tax is an important factor here. There are many people who want to pay tax but they do not. Because, the official process of paying tax is not an easy one. Many corrupt officials take this advantage. The NBR (National Board of Revenue)…
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Online income taxation remuneration expected from March: NBR
National Board of Revenue (NBR) is starting to deliver e-payment complement from Mar this year to have income taxation as good as alternative income payments easy and hassle-free. “We’re carefree of introducing a e-payment complement from Mar this year. It will move a insubordinate shift in taxation remuneration complement as taxpayers will be equates to to transparent…
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New VAT law on cards: NBR chief
The government will pass a new law on value-added tax soon after reviewing the tax laws of the developed countries, the chairman of the National Board of Revenue said yesterday. Nasiruddin Ahmed spoke in a meeting with the leaders of Chittagong Chamber of Commerce and Industry (CCCI) in the port city where Mahbubul Alam, senior…
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Tax time extended
The National Board of Revenue (NBR) has extended the income tax returns deadline by one business day to Sunday, Oct 2, says a spokesman. The spokesman, Syed A Mumen, told Wednesday afternoon that the decision came because of the fact that the last day of submission, Friday, Sep 30, was a holiday. “So, it’s the…
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The Existing ’91 VAT Law Prevails
The supervision of Bangladesh has educated a NBR (National Board of Revenue) not to chuck out a existent VAT (Value Added Tax) law of ’91; instead, each year legislative addition to it is recommended. On Jan 15, a breeze of a ultimate VAT law was published upon a website of NBR to comply a mass-level…
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‘Property tax’ is going to be imposed soon.
If you have property worth more than Tk 50 lakh you will have to pay tax. This was disclosed in a meeting of National Board of Revenue (NBR) on Tuseday. The new tax is denoted as ‘property Tax’ and will be imposed primarily on people living in the metropolitan areas. The tax will be imposed…
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Spontaneous tax payments among new tax payers
Spontaneous tax payments among businessmen, professionals and share traders — mostly new taxpayers — yesterday visited the Kakrail area of Dhaka for the first day of the nation’s first income-tax fair. The one-stop shops for tax-return submission, payment and advice attracted many willing to pay their taxes annually if the process is hassle-free. The five-day…
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NBR expects more revenue
NBR (national board of revenue) chairman Dr. Nasiruddin said, they are going to inaugurate new automation system to strengthen CIC (Central Intelligence Centre). He expects more revenue will be generated as a result of new digital system. It is expected to be started from October 2010