Under the powers granted by Section 76, subsection (1) of the Income Tax Act, 2023 (Act No. 12 of 2023), and subject to certain conditions, the National Board of Revenue is providing an income tax exemption under the Private Sector Power Generation Policy of Bangladesh to independent power producers who operate under the Build Own […]

When banks send remittances of income in favor of non-resident institutions, they have been deducting tax under Section 56 of the Income Tax Ordinance 1984 at different rates for different customers. In an effort to standardize tax deductions for digital marketing (income from ads on the internet and social media) and broadcast advertising (income from […]