Officials said improving VAT administration and expanding automation will help sustain this upward trend, strengthening the nation's fiscal foundation.
When traders register, file accurate returns and remit taxes, they help build a market where success is driven by merit, ...
Bangladesh has around 644,000 registered VAT payers, a number that does not match in any way with the various national surveys and the actual number of businesses operating in Bangladesh, says Md ...
Legit.ng on MSN
List of Penalties, Fines and Jail Time for Offenders in Nigeria Tax Law Starting January 1, 2026
Nigeria’s new tax law modernises administration, strengthens compliance, imposes fines and jail for offences, while reducing ...
Senior government officials, business leaders and policy experts today called for deeper reforms, stronger digitalisation and wider taxpayer coverage to strengthen the country's revenue system, ...
BusinessWorld on MSN
Audit suspension: A festive break for taxpayers
Christmas came early for many taxpayers this year through Revenue Memorandum Circular (RMC) No. 107-2025. While it’s not unusual for the BIR to stop its audit and field operations during the Christmas ...
I am sure this situation is a replicated hundreds of times every day, but It does not hurt to remind ourselves just how bad HMRC are at the moment - ...
A second package of tax facilitations has been introduced focusing on digitisation, expanding the tax base, and promoting voluntary compliance ...
To the outside world, he was a successful businessman with three companies to his name. But it all came crashing down when HMRC conducted a routine VAT visit.
The progress of a nation, the establishment of justice and the effective operation of state administration rely heavily on ...
United News of Bangladesh on MSN
NBR observing VAT Day; VAT Week commences tomorrow
The National Board of Revenue (NBR) is observing VAT Day on Tuesday and VAT Week from December 10-15, underscoring the importance of timely VAT registration under this year's theme, "Register on Time, ...
India's Goods and Services Tax (GST), introduced in 2017, unified indirect taxes, simplifying compliance and fostering a national market. Recent rate cuts, despite simplifying the structure, have ...
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