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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 main responsibility of NBR is to mobilize domestic resources through the collection of import duties and taxes, VAT and income tax for the government. Side by side with collection of taxes, facilitation of international trade through quick clearance of import and export cargoes has also emerged as a key role of NBR.
The ministry is responsible for state finance, including the state budget, taxation and economic policy in Bangladesh. It is led by the Finance Minister of Bangladesh. The department must report to the Parliament of Bangladesh. It contains four divisions.
The taxation cadre in on the branches and manages tax collection and organizations such as the National Board of Revenue. [ 5 ] [ 6 ] [ 7 ] All cadres have their own associations such as Bangladesh Administrative Service Association , Bangladesh Police Service Association , and Bangladesh Judicial Service Association .
The President is the commander-in-chief of the Bangladesh Armed Forces. The president is elected by the legislature every five years and has normally limited powers that are substantially expanded during the tenure of a caretaker government, mainly in controlling the transition to a new government. Bangladesh has instituted a unique system of ...
The Government agencies in Bangladesh are state controlled organizations that act independently to carry out the policies of the Government of Bangladesh. The Government Ministries are relatively small and merely policy-making organizations, allowed to control agencies by policy decisions.
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.
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