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NBR is the authority for tax policies and tax laws in Bangladesh. [1] [2] NBR collects almost 97% of tax revenue and almost 85% of total revenue for the government of Bangladesh. [3] The Customs, Excise and VAT Appellate Tribunal is a tribunal under the National Board of Revenue established in 1995. [4] [5]
The tax law imposes income tax at 25 percent on listed entities and 32.5 [2] percent for non-listed entities. Corporate tax rate changes announced this year include: an additional surcharge of 2.5 percent on income of companies in the tobacco sector
It is common to have portmanteau words of challan with English prefixes: e.g. "e-Challan" would mean an electronic challan processed or paid online. E-Challan is similar to English-Hindi portmanteaus like e-Seva-Kendra, a service-centre (Seva-Kendra) that has electronic or online transaction facilities.
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The Ministry of Finance (Bengali: অর্থ মন্ত্রণালয়; Artho Montronaloya) is a ministry of Bangladesh. [2] The ministry is responsible for ...
The agency is controlled by 12 member-governing body which has representatives from the government, Bangladesh Bank, Bangladesh Securities and Exchange Commission, Federation of Bangladesh Chambers of Commerce & Industries, professional accountants association and academia.
From 1921 to 1947 various Indian revenues were overprinted BENGAL for use in modern Bangladesh and West Bengal. Since independence, Bangladesh has issued revenues for the following taxes: [1] Airport Tax (1982–1988) Cigarette Tax (c.1972-c.1975) Court Fees (1973–1992) Entertainment Tax (c.1972 – 1988) Excise (1981–1986) Foreign Bill ...
After the independence of Pakistan, the RJSC was established for the first time in 1962 in the port city of Chittagong under the Ministry of Commerce. [2] Then it started its activities with some documents from companies, professional organizations and partnership business from Calcutta, India.