No surcharge for net wealth up to Tk 2.25cr
People owning up to Tk 2.25 crore are likely to get a waiver from surcharges on their wealth next fiscal year, as the government finally
1 June 2015
Shrimp farmers turn to local market to recover costs
Shrimp farmers are offloading their produce on the domestic market in a desperate attempt to recover production costs in the wake of slumping prices and weakening demand in developed economies.
1 June 2015
Tax break likely for auto assemblers, tyre makers
The government is likely to offer a tax break to the automobile, tyre and bicycle industries to promote growth and investment in the sectors, an official said yesterday.
31 May 2015
Wheat imports soar on lower global prices
Wheat imports in the 11 months to May have exceeded last year's total, boosted by increased demand for flour and wheat-based snacks as the grain is cheaper than rice, market operators said.
26 May 2015
Tax benefits for IT sector likely to be extended
The government is likely to extend the tax exemption benefits for software development and information technology-enabled services (ITES) by another five years to encourage investment, said a senior official of the finance ministry.
25 May 2015
Huge tax benefits in store for economic zones
The National Board of Revenue (NBR) is set to offer tax breaks to investors and developers of economic zones for a period of 10 years
23 May 2015
Tax receipts improve in March
Tax collection improved in March with economic activities regaining pace as the violent political situation gradually subsided.
17 May 2015
Take steps to save farmers from debt burden
The government should take special steps and effective measures to salvage indebted farmers who have suffered losses for failure to
13 May 2015
Garment industry’s struggle not over yet two years after Rana Plaza tragedy
As the dawn breaks, shanties surrounding the garment factories on the outskirts of the capital wake up. Within an hour or so, footpaths and streets swarm with young female workers marching towards their factories.
24 April 2015
Food ministry finally calls for rice import duty
The food ministry has at last asked the National Board of Revenue to slap duty on rice imports in a last ditch move to arrest the downward spiral of prices of the grain and prevent farmers from racking up unsustainable losses.
23 April 2015
NBR assesses scope to revive property tax
The National Board of Revenue weighs the possibility of reintroducing property taxes to ensure a more equitable distribution of wealth and reduce economic disparity, a senior official of NBR said yesterday.
22 April 2015
NBR finds 10,152 rich taxpayers
Bangladesh has at least 10,152 people with individual net wealth of more than Tk 2 crore, according to data compiled by the National Board of Revenue.
But taxmen and analysts said the number of wealthy people and the amount of wealth shown by taxpayers should be higher from the viewpoint of property price spirals and the rise in the number of apartments and expensive cars.
13 April 2015
Hilsa Elusive
To us Bangalees, hilsa isn't just a fish. It's an integral part of our culture and heritage. Be it fried or cooked with mustard, hilsa is a must in Pahela Baishakh celebration. But they aren't anymore safe in our rivers, home to world's 60pc hilsa.
This four-part series focuses on the existential crisis, changing habitat and ways to conserve this mystique fish.
13 April 2015
Rice prices fall below last year's level
An ample supply due to higher domestic production and soaring imports have driven the prices of rice below last year's level and put
11 April 2015
Land buyers have to specify fund sources: NBR
Taxpayers will have to explain the sources of their income while making a land purchase, said the National Board of Revenue.
9 April 2015
India to allow Bangladesh to use its territory for trade with third country
New Delhi has agreed to Dhaka's proposal to include a provision in the bilateral trade agreement for transporting goods from
1 April 2015
Russian team to inspect pest-free potato exports
A team from Russia is likely to call in Bangladesh in the second week of April to assess the country's capacity of controlling plant
29 March 2015
FAO predicts higher rice, wheat output
Bangladesh is likely to bag higher boro and wheat crops in 2015 than last year, thanks to increased plantation and higher yields, the
28 March 2015
NBR to educate students on tax
The National Board of Revenue has taken an initiative to develop contents for primary and high school students to educate them on the
24 March 2015
Yunus, NBR in tax dispute
A tax dispute has arisen between the National Board of Revenue and Nobel Laureate Prof Muhammad Yunus over gifting of earned
23 March 2015