Staff Reporter

Four public limited commercial and four government specialised banks owe Tk 895 crore in income tax arrears to the National Board of Revenue (NBR), official sources said.
The NBR last week has requested the Ministry of Finance to deposit the said amount to the government exchequer, as the ministry is parent organisation of the banks.
These banks have not been paying any income tax since 1986-87 fiscal, the revenue authority said in a letter last week and requested the Finance Ministry to make the payment from its specified head of expenditures. [Read more]