The National Board of Revenue
Matiur removed from duty
Government official Matiur Rahman, who became a topic of controversy over buying Kurbani goat, has been removed from his duty at National Board of Revenue (NBR). He has been attached to the Internal Resources Department of the Ministry of Finance.
ISPR requests not to get misled by rumours over security of St. Martin’s
Inter Services Public Relation Directorate (ISPR) has urged all not to be misguided by rumours spreading through social media over the security of St. Martin’s island centering Myanmar's ongoing internal conflict near the island.
Find out users of unregistered phone worth Tk1-2 lakh
State Minister for Posts, Telecommunications and Information Technology Zunaid Ahmed Palak has directed the National Board of Revenue (NBR) to track the users of unregistered mobile phones worth Tk 1 lakh or more and take action against them.
Inflation will begin to decline by end of this year: FM
Finance Minister Abul Hassan Mahmood Ali on Friday said the country must wait for 6 months to bring inflation under control.
Proposed budget is Tk 7.97 lakh crore
The proposed budget for the fiscal year 2024-25 is Tk 7.97 lakh crore. The target for the National Board of Revenue (NBR) has been set at Tk 4.80 lakh crore. Additionally, the budget deficit stands at Tk 2.56 lakh crore.
Imposing VAT on metro rail deemed a misstep: Quader
Minister of Road Transport and Bridges, Obaidul Quader, criticized the National Board of Revenue (NBR) for imposing a 15 percent VAT on Metrorail, deeming it an incorrect decision. Quader questioned the justification behind such taxation, citing the absence of VAT on Metrorail in India. He informed the Prime Minister of the issue, expressing confidence in her consideration of the matter.
Soft drink prices may rise
The country's soft drink trade has been impacted by extreme heat and shifts in international politics, leading to a 25% increase in sales compared to last year. However, due to inadequate preparation, the production company is struggling to meet demand on time. Consequently, there is a possibility of a price hike for the popular product in the upcoming 2024-25 fiscal year budget.
“No alternative to automation to increase revenue”
State Minister for Finance Waseqa Ayesha Khan has commented that there is no alternative to automation to increase revenue.
No alternative to automation to increase revenue: State Minister
State Minister for Finance Waseqa Ayesha Khan said there is no alternative to automation to increase revenue.
NBR faces IMF pressure to withdraw ICT tax exemption
The country’s income from the ICT sector at present is $1.9 billion. The sector has generated 20 lakh job opportunities in addition to 6.5 lakh freelancers. Start-up investment now stands at $ 5,000 million. All these achievements have been made due to the government’s business-friendly policies in this sector.
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