The Income Tax Department has rolled out updated Excel utilities for ITR-1 and ITR-4 for AY2025–26. These forms now support ...

State-owned Rupali Bank has reported a massive provision shortfall of Tk15,375 crore as of 31 December 2024, prompting its board of directors to withhold any dividend declaration for the year.

The Income Tax Department’s latest updates to ITR-1 and ITR-4 for Assessment Year 2025–26 have sent a clear message—claiming deductions and exemptions ...

Hence, for example, Income of a non-resident from operation of ships is taxable @ 7.5 percent of the gross receipts under ...

On 31 May each year, the world pauses for a moment of collective reflection. It is World No Tobacco Day -- a reminder of the ...

With less than a year to go for the pilot phase of MTD for Income Tax, accountants and bookkeepers foresee a huge opportunity to support their sole ...

The shortfall in tax collection widened to an alarmingly high level of Rs1.03 trillion in just 11 months of the current ...

The agenda for this week’s meeting of the Coronado City Council includes a report on the feasibility of the city joining a ...

Further, these partnerships often invest in foreign entities. Many partners, especially limited partners, have no ability to direct the partnership’s operations and investment choices. Since foreign ...

Taxpayers may be subject to the risk that an IRS examination could increase (or create) a gift tax or estate tax liability many years after a gift is made. Practitioners can help clients limit this ...