Capital gains tax on gold, digital currencies from next year
1 hour(s) ago
From the next fiscal year, a 15 percent capital gains tax may apply when selling gold, jewellery, digital currencies, or club memberships.
1 hour(s) ago
Business Plus / From ‘basket case’ to billion-dollar borrower
13 June 2026, 00:00 AM
Bangladesh once relied heavily on foreign aid but gradually reduced its dependence on donor support
13 June 2026, 00:00 AM
Relief for low-income groups, businesses
12 June 2026, 00:00 AM
The proposed budget offers modest relief to low-income groups, while businesses and domestic industries can breathe easier as they have been spared major tax hikes.
12 June 2026, 00:00 AM
Budget FY27: Who stands to win and lose from tax changes
11 June 2026, 00:00 AM
The BNP government is set to unveil a series of tax measures in the new budget for fiscal year 2026-27 today, offering incentives for green industries, digital entrepreneurs and technology manufacturers, while imposing higher taxes on tobacco products, conventional fuel-powered vehicles and selected imports.
11 June 2026, 00:00 AM
Solar power, EVs set to gain from green budget measures
10 June 2026, 00:00 AM
Finance ministry officials said a significant share of customs tax incentives in FY27 could be directed towards the solar sector
10 June 2026, 00:00 AM
Budget boost targets entrepreneurs, tech innovators
9 June 2026, 00:00 AM
Startups and IT-based businesses may no longer have to pay turnover tax from the next fiscal year, as the government looks to encourage entrepreneurship and innovation.
9 June 2026, 00:00 AM
Govt to make BIN mandatory for MFS merchants
9 June 2026, 00:00 AM
The government is set to make it mandatory for businesses to have a Business Identification Number (BIN) to open merchant accounts with mobile financial services (MFS) providers in the fiscal year 2026-27 national budget.
9 June 2026, 00:00 AM
Govt to unveil 5-yr corporate tax roadmap, with rates unchanged
8 June 2026, 00:00 AM
Tax rates, however, are unlikely to increase
8 June 2026, 00:00 AM
Highest income tax rate stays unchanged at 25%
The government has moved away from its decision to raise the highest income tax rate to 30 percent and end tax holidays for investors in economic zones and hi-tech parks.
29 June 2024, 16:11 PM
No ray of hope for migrant workers in budget
The government has neglected to outline adequate initiatives in the proposed budget for the next fiscal year to support migrant workers, meaning the country may miss out on opportunities to raise remittance earnings on the back of a higher number of Bangladeshis going abroad.
27 June 2024, 18:00 PM
NBR receipts up 15% in 11 months
The National Board of Revenue (NBR) logged a year-on-year tax collection growth of nearly 15 percent in the first 11 months of the current fiscal year.
27 June 2024, 18:00 PM
Budget Infocus: Direct spending on poverty reduction shrinks
The share of the total allocation for spending directly on poverty reduction has come down for the upcoming fiscal year despite persistently higher inflation, deepening the uncertainties of the poor.
26 June 2024, 18:00 PM
Amnesty to black money may continue despite criticism
Despite widespread condemnation from economists, watchdogs, businesspeople and even multiple lawmakers, the government is expected to retain the amnesty allowing individuals and businesses to whiten black money without scrutiny by paying a 15 percent tax in the upcoming fiscal year.
25 June 2024, 18:00 PM
What’s missing for young people in the budget?
Bangladesh’s high youth unemployment rate necessitates specific remedial steps, including ways for employment generation and adoption of prerequisite education and training, which the proposed national budget for fiscal year 2024-25 did not include, according to analysts.
24 June 2024, 18:00 PM
NBR sets new rules for firms seeking customs privilege
The National Board of Revenue (NBR) has revised rules, including raising the capital requirements, for businesses to be listed as authorised economic operators (AEO), a status an increasing number of firms are expressing interest in.
22 June 2024, 18:00 PM
Return filing a must for hotels, restaurants and clinics
Nearly five lakh additional establishments are expected to come under the tax net as the government is going to make proof of submission of return (PSR) mandatory for hotels, restaurants, clinics, and diagnostic centres.
13 June 2024, 00:45 AM
Gifts not sweet anymore as NBR mulls taxes
If someone receives a gift, they will have to show it in their income tax return at the end of the year. At the same time, the person who gives the present will also have to inform it in their income tax return.
12 June 2024, 03:09 AM
Blow for private economic zones, hi-tech parks as tax benefits go
Currently, investors in the EZs and hi-tech parks qualify for a tax break for a decade starting from the first year of their operations. They are entitled to a full tax waiver in the first three years.
11 June 2024, 00:16 AM
Tax exemption in FY25 rises to Tk 163,000cr
Tax exemptions provided by the National Board of Revenue (NBR) are estimated to rise to Tk 163,000 crore in fiscal 2024-25 as the tax administration looks to ease the pressure on individuals and facilitate higher economic growth.
7 June 2024, 18:00 PM
Whitening Black Money: ‘Unethical, unjust and unacceptable’
Backtracking on its promise to eliminate black money, the government has once again made room to allow both individuals and companies to whiten money without facing scrutiny and by paying a 15 percent tax, a move that drew sharp criticism from economists and civil society.
6 June 2024, 18:00 PM
How far have fiscal measures promoted industrialisation?
Experts and businesspeople also highlighted the challenges linked with the current tax and incentive system.
6 June 2024, 00:42 AM
Duty benefit for washing machines, refrigerators likely to stay
For air conditioner and refrigerator manufacturing industries, the government plans to extend the existing facility to June 2026, according to the finance ministry.
5 June 2024, 00:40 AM
Inflation hits seven-month high
Inflation, fuelled by higher food prices, climbed 15 basis points to 9.89 percent in May from 9.74 percent a month earlier, figures from Bangladesh Bureau of Statistics showed yesterday.
3 June 2024, 18:00 PM
Social spending gets less priority in lopsided budgets
In FY22, the spending on public services increased to 15 percent of the total actual expenditure, nearly double the rate in FY09. Similarly, spending on the transport and communication sector surged to 12 percent from 4.7 percent in FY09.
2 June 2024, 00:03 AM
ADP implementation slows to three-year low
Government spending under the Annual Development Programme (ADP) slowed to a three-year low in the first 10 months of the current fiscal year (FY) of 2023-24, with the implementation rate dropping to 49.26 percent.
28 May 2024, 03:00 AM
Tax receipts grow at healthy clip, still NBR likely to miss target
Although a large chunk of revenue is deposited in the state coffer towards the end of a fiscal year, there might be a big gap between the revised target and the actual collection.
27 May 2024, 04:26 AM
Govt likely to announce tax rates in advance
In the coming year, the NBR may announce tax rates that will not only be applicable for the outgoing income year 2023-24 but also for the next income year 2024-25.
23 May 2024, 00:49 AM
Consumption stays low for two straight years as inflation bites
According to a provisional estimate of the Bangladesh Bureau of Statistics (BBS), consumption of goods and services grew 3.53 percent in 2023-24, up from 2.52 percent in the last fiscal year.
23 May 2024, 00:49 AM