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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]
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.
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IDLC was established in 1985 by the initiation of IFC of the World Bank. [9] The company was formed via collaboration of International Finance Corporation, German Investment and Development Company, Korea Development Financing Corporation, Aga Khan Fund for Economic Development, Kookmin Bank, IPDC Finance Limited of Bangladesh and Sadharan Bima Corporation.
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.
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 ...
The agency is controlled by 12 member-governing body which has representatives from the government, Bangladesh Bank, Bangladesh Securities and Exchange Commission, Federation of Bangladesh Chambers of Commerce & Industries, professional accountants association and academia.
Among them, 335 microcredit institutions have been licensed until September 2008. Applications by 438 institutions could not be considered. 2,599 small institutions are advised to fulfil minimum criteria of obtaining a licence (either minimum balance of outstanding loan at field level BD taka four million or minimum borrower 1,000) within June ...
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