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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.
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]
In his first two budgets, he introduced significant measures to enhance tax compliance and regulate imports. In his inaugural budget for the 1980-81 fiscal year, which totaled ৳4,108 crore, Saifur made it mandatory for individuals with an income exceeding ৳20,000 to file tax returns on time, with penalties imposed for non-compliance. In his ...
0% (free zone companies, [230] as well as mainland companies with less than 375,000 AED a year in profit, [231] may need to fill out a tax return) 9% (for mainland companies with a net profit over AED 375,000 annually, taxation paid to other countries credited towards UAE taxation, tax return required) [231] 0% [232] 5% [232] 0% [233]
We rate the best tax software solutions — from budget-friendly options for straightforward returns to feature-rich platforms for more complex situations — to help simplify the 2025 tax season.
Two bodies; an advisory committee to reform the National Board of Revenue (NBR) and a task for to review the Income Tax Act 2023 were constituted by the Interim administration, which also launched an online return filing system for tax year 2024-25 and made the submission of online income tax returns mandatory for certain occupations.
The Income Tax Rules were promulgated by ordinance in 1984. [13] ... and can return to Bangladesh to enroll as advocates in the Bangladesi Bar Council.
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