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IMF pressure fails to curtail tax exemptions amid ballooning budg

The deficit for the coming fiscal year has been set at Tk 2.57 trillion. Tax exemptions over this period are nearly Tk 1.63 trillion

­­­­­­­Return filing a must for hotels, restaurants and clinics

Nearly five lakh additional establishments are expected to come under the tax net as the government is going to make proof of submission of return (PSR) mandatory for hotels, restaurants, clinics, and diagnostic centres.

Blow for private economic zones, hi-tech parks as tax benefits go

Tax Exemption Phase-out for Economic Zones & Hi-tech Parks in Bangladesh: Investors and developers of private economic zones (EZs) and hi-tech parks are going to lose the 10-year-long tax waiver on their incomes from the next fiscal year as the government phases out exemptions.

Tough to meet budget inflation target: MA Mannan

ICAB backs amnesty for companies to whiten black money

About the overall budgetary measures, the ICAB said the proposal to finance the budget deficit by borrowing from internal sources may lead to inflation in the next fiscal year.