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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]
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 ...
Bangladesh National Portal is a national portal of the People's Republic of Bangladesh under Access to Information programme [1] run by the Prime Minister's Office of Bangladesh. [2] The information portal aims to provide information about all national unions, upazilas, districts and divisions of the country. It was launched on 7 March 2015 as ...
Customs, Excise and VAT Appellate Tribunal was established on 1 October 1995. [3] The verdicts of the tribunal can be appealed to the High Court Division . [ 4 ] It is composed of one tax officer and one judge, one of whom will be the president of the tribunal.
NBR is responsible for the formulation and continuous re-appraisal of tax-policies and tax-laws in Bangladesh. Negotiating tax treaties with foreign governments and participating in inter-ministerial deliberations on economic issues having a bearing on fiscal policies and tax administration are also NBR's responsibilities.
The Federal Board of Revenue (FBR) (Urdu: وفاقی بورڈ محصولات), formerly known as Central Board of Revenue (CBR), is a federal law enforcement agency of Pakistan that investigates tax crimes, suspicious accumulation of wealth, money-laundering make regulation of collection of tax. FBR operates through Inspectors-IR that keep tax ...
In line with its status as a major port and the country's largest metropolis, it accounts for most of Pakistan's revenue generation. According to the Pakistan Federal Board of Revenue's 2006-2007 year-book, tax and customs units in Karachi were responsible for 70.75% of direct taxes, 33.65% of federal excise tax, and 23.38% of domestic sales tax. [3]
It monitors the collection of taxes by the National Board of Revenue. [ 4 ] [ 5 ] According to a study by Transparency International Bangladesh there were 23 specific incidents of corruption in the Office of the Controller General of Accounts. [ 6 ]