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Electronic fiscal devices to replace ECR, POS

FE Report | June 08, 2018 00:00:00


The finance minister has proposed mandatory use of new electronic fiscal devices (EFD) in business units to check revenue leakage.

AMA Muhith announced this while placing the budget for the next fiscal year (FY) in parliament on Thursday.

The new electronic fiscal devices will replace the electronic cash register (ECR) and the point of sale (POS).

Muhith said the use of EFD instead of ECR and POS would be made mandatory in all hotels, restaurants, resorts and shops across the country.

This will enable the National Board of Revenue (NBR) to have real-time access to business transactions which will eventually protect revenue leakage and increase revenue collection significantly, he added.

rezamumu@gmail.com


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MIDASFIN 23.2 25.5 23.5 25.5 9.9138%
PARAMOUNT 14.9 16.3 15.2 16.3 9.396%
REPUBLIC 21.2 23.3 21.5 23.1 8.9623%
PREMIERLEA 10.5 11.5 10.6 11.4 8.5714%
AZIZPIPES 195.0 214.5 196.7 210.6 8%
SONARBAINS 16.6 18.1 16.7 17.9 7.8313%
RUPALIBANK 40.2 43.7 40.5 42.9 6.7164%
CONTININS 18.4 19.8 18.5 19.6 6.5217%
ASIAINS 17.6 19.3 17.4 18.7 6.25%
RUPALIINS 19.7 21.1 19.6 20.9 6.0914%
COMPANY YCP HIGH LOW CLOSE %CHG
GLAXOSMITH 1100.0 1107.0 1005.0 1006.0 9.3439%
ASIAINS 19.0 19.3 17.4 17.4 9.1954%
AZIZPIPES 214.4 214.5 196.7 197.5 8.557%
MIDASFIN 25.5 25.5 23.5 23.5 8.5106%
SONARBAINS 18.0 18.1 16.7 16.7 7.7844%
PREMIERLEA 11.4 11.5 10.6 10.6 7.5472%
PARAMOUNT 16.3 16.3 15.2 15.2 7.2368%
DHAKABANK 16.6 16.6 15.5 15.5 7.0968%
CONTININS 19.8 19.8 18.5 18.5 7.027%
BNICL 17.7 17.8 16.6 16.6 6.6265%
COMPANY YCP HIGH LOW CLOSE %CHG
NLI1STMF 14.6 13.3 13.2 13.2 -9.589%
SEBL1STMF 13.8 12.7 12.5 12.5 -9.4203%
ACFL 62.6 63.5 56.6 57.0 -8.9457%
KDSALTD 91.5 93.4 84.9 85.3 -6.776%
HRTEX 50.2 52.4 45.5 47.4 -5.5777%
QUEENSOUTH 50.4 51.3 47.1 47.6 -5.5556%
REGENTTEX 24.2 24.7 22.8 23.0 -4.9587%
DESHBANDHU 20.8 21.0 19.7 19.8 -4.8077%
SEMLIBBLSF 8.5 8.2 8.1 8.2 -3.5294%
MHSML 17.2 17.4 16.5 16.6 -3.4884%
COMPANY YCP HIGH LOW CLOSE %CHG
HRTEX 46.1 52.4 45.5 52.4 -12.0229%
ACFL 57.3 63.5 56.6 63.0 -9.0476%
KDSALTD 85.9 93.4 84.9 93.4 -8.03%
QUEENSOUTH 47.3 51.3 47.1 51.3 -7.7973%
SAIHAMTEX 30.5 32.9 30.4 32.9 -7.2948%
MHSML 16.5 17.4 16.5 17.4 -5.1724%
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REGENTTEX 23.4 24.7 22.8 24.4 -4.0984%
BDAUTOCA 437.0 468.8 431.5 455.1 -3.9771%