Sohel Parvez

The National Board of Revenue is set to offer compliant businesses the privilege to clear their imported and exported goods fast by awarding them the status of Authorised Economic Operator (AEO) with a view to boosting international trade.

A rising number of entrepreneurs are joining the queue to establish private economic zones, tempted by the tax breaks and a host of other benefits offered by the government.

New and ongoing green energy initiatives are set to face spiralling costs in the wake of the shock imposition of value-added tax on the import of solar panels from this fiscal year.

Rice prices have gone up as millers and traders hiked prices banking on the government decision to raise import duty on the cereal to 28 percent from 2 percent, say market insiders.

Bangladesh has developed 87 modern rice varieties in the last five decades, but only a handful of them have become popular among farmers who are not adequately informed about the features of all of the varieties.

Individuals and companies will have to use the electronically generated business identification numbers (BINs) from today as the

The jute ministry is working on a policy to form a Tk 10,000 crore fund to provide low-cost loans for the development of the nearly $1 billion export earning jute sector.

Corporate taxpayers will have to pay more in fine from the next fiscal year for noncompliance, which includes non-submission of

Airlines operating to and from Bangladesh will soon have to provide advance information about passengers to customs authority, as part of the National Board of Revenue's efforts to combat: smuggling, import of prohibited goods and terrorism.

The government's move to withdraw the export duty on tobacco contradicts its own plan to discourage cultivation and consumption of the health-hazardous item.

The burden of value-added tax is set to get heavier from next fiscal year as the revenue authority looks high and low to find ways to

The rich who have been out of the wealth surcharge net in the past several years will be brought under it from fiscal 2018-19 as the

Every year when the budget is placed in the parliament, Taufiq Hasan, a 35-year-old private sector employee, gets all worked up about which products and services he would have to pay more the following fiscal year.

The revenue board is likely to fail to reach the tax collection target for the sixth consecutive year in the current fiscal year.

More than half a dozen of firms are establishing facilities to assemble and manufacture two-wheelers.Every day new buyers are visiting the sales centers in their quest for faster mobility, be that in traffic congested big cities, small towns or in rural areas. Emergence of ride sharing has given further impetus to the once slow growing sector. Now more than 1,000 bikes are sold daily, which was just half of daily sales five years ago, according to data collected from industry insiders.

Homebuyers looking for mid-sized flats can brace themselves for a helping hand from the government, which is considering slashing

Bangladesh has one of the highest corporate tax rates and complex tax systems in the world that act as a disincentive to investment,

It may appear alien to many that traditional milk collectors and sellers, known as Goalas, used to visit households with their milk containers every morning to sell fresh milk. And households used to buy from them.

No notable progress has been made in narrowing down the differences between businesses and the revenue authorities on the VAT

About 200 applicants, who have set up factories to make wares for export, are kicking their heels in frustration because of the