The Bangladeshi government is preparing to raise the minimum tax on company turnover from 0.6% to 1% in the upcoming budget. The minimum rate may also rise from 0.25% to 1% for individual taxpayers. These changes are reportedly driven by pressure

Bangladesh’s President Shahabuddin has promulgated an ordinance dissolving the National Board of Revenue (NBR) yesterday, 12 May, replacing it with two new entities under the Ministry of Finance: Revenue Policy Division and the Revenue Management

Bangladesh will introduce a new policy placing full authority for tax exemptions with parliament, removing decision-making power from the government and National Board of Revenue (NBR). NBR Chairman Md Abdur Rahman Khan said the move aims to

Bangladesh plans to ask the US for duty-free access for its key exports during meetings in Washington from 21-25 April 2025, held alongside the World Bank and IMF Spring gatherings. Although the US offers zero tariffs on many products, most

Bangladesh and Singapore have agreed to finalise a Free Trade Agreement (FTA) by 2026. The decision was made during the Fourth Foreign Office Consultations (FOC) held in Singapore on Monday, 14 April 2025. During the meeting, both sides discussed

Qatar has enacted the Global Minimum Tax (GMT) rules through Law No. 22 of 2024, which was published in the Official Gazette on 27 March 2025. Law No. 22 of 2024 amends Income Tax Law No. (24) of 2018 and establishes an Income Inclusion Rule