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Md Asaduz Zaman

Staff Reporter at The Daily Star, covering the economy, trade, planning and public policy in Bangladesh. He can be reached at asaduz.zamanjubd@gmail.com.

no TIN in bangladesh.png

Over 90% of economic units have no TIN

18 August 2026
Abul Kalam Azad runs a small grocery shop, about thirty-five square feet, next to his home at Ratankandi union in Sirajganj Sadar upazila. Like many village shops, it stocks almost everything from rice and biscuits to soft drinks and bakery items.
18 August 2026
gdp.jpg

GDP calculation methodology has ‘significant flaws’

15 August 2026
Review of BBS data finds inconsistencies in national income, industrial figures
15 August 2026
rooftop solar panel.png

Rooftop solar panels can add 3,600MWp to national grid

12 August 2026
Bangladesh could generate more than 3,600 megawatts peak (MWp) of electricity from rooftop solar panels, according to a new assessment by the state-owned Infrastructure Development Company Limited (Idcol).
12 August 2026
tax return filing falls Bangladesh

Tax return filing rate falls in FY26 to multi-year low

6 August 2026
Although the deadline for filing income tax returns was extended four times until March, the return filing rate fell in fiscal year 2025-26 from a year earlier.
6 August 2026
NBR shortfalls.jpg

NBR misses revenue target for 10th straight year

5 August 2026
Economists said the target was unrealistic from the outset, given the NBR’s structural weaknesses
5 August 2026
Debt rise.jpg

Foreign aid falls as debt repayments cut net inflows

3 August 2026
Total foreign aid disbursements fell 5.8 percent year-on-year to $8.07 billion in fiscal year 2025-26
3 August 2026
NBR's FY27 Income Tax Strategy

Source tax, AIT to deliver 83% of income tax

29 July 2026
The National Board of Revenue (NBR) plans to collect more than four out of every five taka in income tax through tax deducted at source and advance income tax (AIT) in the current fiscal year, extending a strategy that already delivered over 85 percent of income tax collection in FY2025-26.
29 July 2026
NBR tax collection target FY2025-26

Four pillars to drive NBR’s VAT target for FY27

28 July 2026
The National Board of Revenue (NBR) is banking on four key areas to achieve its value-added tax (VAT) collection target of Tk 2.57 lakh crore for the 2026-27 fiscal year.
28 July 2026
nbr_graph.png

VAT exemptions dropped 17% in 2022

The National Board of Revenue (NBR) exempted various goods and services from value-added tax (VAT) payments to the tune of Tk 129,570 crore in 2022 to give some relief to citizens and facilitate industrialisation, thereby accelerating economic growth.
30 June 2024
Highest income tax rate stays unchanged at 25%

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
Challenges in Bangladesh budget FY2024-25

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
NBR tax collection growth FY23-24

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
Expenditure for poverty reduction

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
criticism black money whitening scheme

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
Impact of budget on youth employment Bangladesh

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
nbr.jpg

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
Tax

­­­­­­­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
Bangladesh to splits revenue authority

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
Tax exemption phase-out for economic zones and hi-tech parks in Bangladesh

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
Tax exemption based on data available in FY22

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
Whitening Black Money: ‘Unethical, unjust and unacceptable’

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
How far have fiscal measures promoted industrialisation?

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
Duty benefit for washing machines, refrigerators likely to stay

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
Inflation rises to 9.89% in May

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
Actual expenditure and growth by sectors

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
ADP implementation slows to three-year low

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
Tax receipts grow at healthy clip, still NBR likely to miss target

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
Bangladesh to splits revenue authority

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

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