{"id":28961,"date":"2022-06-09T17:23:15","date_gmt":"2022-06-09T17:23:15","guid":{"rendered":"https:\/\/www.banglanewsus.com\/english\/?p=28961"},"modified":"2022-06-09T17:23:15","modified_gmt":"2022-06-09T17:23:15","slug":"bangladesh-to-lift-income-tax-return-exemption-for-nrbs-digital-service-providers","status":"publish","type":"post","link":"https:\/\/www.banglanewsus.com\/english\/2022\/06\/09\/bangladesh-to-lift-income-tax-return-exemption-for-nrbs-digital-service-providers\/","title":{"rendered":"Bangladesh to lift income tax return exemption for NRBs, digital service providers"},"content":{"rendered":"<p>The finance minister has proposed withdrawing the provision of exempting expatriate Bangladeshis and digital service providers from submitting income tax returns.<\/p>\n<p>Presenting the FY 2022-23 budget on Thursday, AHM Mustafa Kamal said. \u201cOne of the major challenges in tapping revenue in this era of globalised economic activities is to collect proper taxes from non-resident taxpayers and digital service providers, and to make them follow the rules and regulations strictly.\u201d<\/p>\n<p>\u201c&#8230;I propose to withdraw the provision of exemption from submission of income tax return for those not having any permanent establishment in Bangladesh,&#8221; he said.<\/p>\n<p>The minister suggested that the National Board of Revenue \u201cformulate proper rules defining the scope and areas of income and exemption of non-residents to ensure proper collection of revenue from them\u201d.<\/p>\n<p>He also proposed to mandate presenting proof of submission of return in cases where a person earns from Bangladesh through digital presence.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The finance minister has proposed withdrawing the provision of exempting expatriate Bangladeshis and digital service providers from submitting income tax returns. Presenting the FY 2022-23 budget on Thursday, AHM Mustafa Kamal said. &ldquo;One of the major challenges in tapping revenue in this era of globalised economic activities is to collect proper taxes from non-resident taxpayers and digital service providers, and to make them follow the rules and regulations strictly.&rdquo; &ldquo;&hellip;I propose to withdraw the provision of exemption from submission of income tax return for those not having any permanent establishment<\/p>\n","protected":false},"author":6,"featured_media":28962,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[30,3],"tags":[],"_links":{"self":[{"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/posts\/28961"}],"collection":[{"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/comments?post=28961"}],"version-history":[{"count":1,"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/posts\/28961\/revisions"}],"predecessor-version":[{"id":28963,"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/posts\/28961\/revisions\/28963"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/media\/28962"}],"wp:attachment":[{"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/media?parent=28961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/categories?post=28961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.banglanewsus.com\/english\/wp-json\/wp\/v2\/tags?post=28961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}