The Midnight Showdown: NBR Out, Two Divisions In

Date:

Post View:

The Midnight Showdown: NBR Out, Two Divisions In

B Mirror Desk : The National Board of Revenue (NBR) was dissolved at midnight, leading to the establishment of two new departments: Revenue Policy and Revenue Management. An ordinance was issued by the interim government shortly after midnight on Monday.

This ordinance, titled ‘Revenue Policy and Revenue Management Ordinance’, was released despite the objections raised by BCS Income Tax and Customs cadre officers. The ordinance, dated May 12, has introduced only slight modifications to the responsibilities of the Revenue Policy Department. Administrative roles within the Revenue Management Department will be held by both administration cadre officers and those from the income tax and customs sectors.

According to the ordinance, the Revenue Policy Department is tasked with overseeing the enforcement of tax laws and monitoring tax collection, while the Revenue Management Department will focus primarily on revenue collection.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_img

Popular

More like this
Related

Bangladesh moving toward self-reliant energy system: PM

Prime Minister Tarique Rahman has said that Bangladesh is...

Shahjalal Islami Bank’s 25th AGM held

The 25th Annual General Meeting (AGM) of Shahjalal Islami...

IFIC Bank opens digital payment booth at Dhaka cattle market

IFIC Bank PLC has inaugurated a “IFIC Digital Payment...

Prime Bank launches Bangla QR cattle payment system for Eid shoppers

Ahead of Eid-ul-Adha, Prime Bank PLC has introduced what...