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The Income-tax Ordinance, 1984 The Bangladesh Women's Rehabilitation and Welfare Foundation (Repeal) Ordinance, 1984 The Nazrul Institute Ordinance, 1984 [Repealed]
The Income Tax Rules were promulgated by ordinance in 1984. [13] Value Added Tax was revised with the Value Added Tax (VAT) and Supplementary Duty (SD) Act 2012. [14] The Municipal Taxation Act 1881 governs municipal taxes. [15]
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. [3]
The flight was piloted by Kaniz Fatema Roksana, the first woman commercial pilot of Bangladesh. Deposit Insurance was first introduced in August 1984 as a scheme in terms of The Bank Deposit Insurance Ordinance, 1984 [6] Sheikh Zayed Bin Sultan Al-Nahiyan of the United Arab Emirates (UAE) visited Bangladesh and offered to help orphans. [7]
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]
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In his initial budget for the 1982-83 fiscal year, which totaled ৳4,738 crore, Muhith raised the tax-free income limit to ৳20,000 and introduced a dearness allowance for public servants. In the following fiscal year, he presented a larger budget of ৳5,896 crore , marking a notable increase.