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For companies, the tax day (i.e. tax return due date) is now the 15th day of seventh month following the end of income year; alternatively, where that fifteenth day is before 15 September, the tax day is 15 September of the year following the end of the income year. [3]
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]
FY2021-22 was an uneventful year for the New Tax Regime as no new changes were announced except the relaxation of Income Tax filing for senior citizens over 75 years. [26] The government's tax policy for the near future was clearly outlined which indicated that all tax breaks will be gradually eliminated while maintaining a low tax rate.
Bangladesh Forms and Publication Office (Bengali: বাংলাদেশ ফর্ম ও প্রকাশনা অফিস) is a Bangladesh government department under the Ministry of Public Administration. The department is responsible for supplying official documents including land registration certificates, marriage certificates ...
The Institute of Chartered Accountants of Bangladesh (ICAB) is the national professional accountancy body and research institute in Bangladesh. [ 2 ] [ 3 ] It is the sole organisation in Bangladesh with the right to award the Associate Chartered Accountant designation.
VAT Audit, Intelligence and Investigation Directorate (Bengali: ভ্যাট অডিট, গোয়েন্দা ও তদন্ত অধিদপ্তর) is a specialized intelligence agency of the government of Bangladesh under the National Board of Revenue responsible for investigating Value Added Tax fraud.
Bangladesh Customs is the principal customs agency of Bangladesh. The agency operating under the National Board of Revenue (NBR) is the lead tax collection agency in Bangladesh. [1] NBR is part of the Internal Resources Division (IRD) under the country's Ministry of Finance. The agency formulates policies concerning the levy and collection of ...
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 ...