The country's leading businesses urged on Wednesday the tax authority to reduce corporate tax rates and focus on boosting investment through fiscal measures.They also demanded an end to harassment in the name of audit and complete annual audit of tax files within a stipulated time.They put forward the proposals at...
Read morePrime Minister Sheikh Hasina expressed on Wednesday serious concern over the ongoing written admission test system for class one in primary schools terming it a 'mental torture' on children, reports UNB."This is completely unnecessary...this system has to be scrapped, I'm asking the ministry officials to look into the matter because...
Read moreFinance Minister AHM Mustafa Kamal Wednesday projected the country's economy to grow at a rate over 8.0 per cent this fiscal year (FY 2018-19)."We've still some components to add. The growth is already 8.1 per cent at this moment. After adding the rest of the components, it will reach 8.15-8.25...
Read moreNewly-elected DUCSU VP Nurul Haque Nur along with other representatives of the five panels who contested Monday's election gave on Wednesday the Dhaka University (DU) authorities three days to announce a fresh poll schedule.They gave the ultimatum in a memorandum submitted to DU Vice Chancellor (VC) Prof. Dr. Md. Akhteruzzaman.According...
Read moreThe capital base of banks weakened slightly last year, due mainly to the increased non-performing loans (NPLs), officials said.The overall capital-to-risk weighted-asset ratio (CRAR) of all the banks operating in Bangladesh came down to 10.50 per cent on December 31, 2018 from 10.83 per cent on the same day the...
Read moreQuader shifted tocabin from ICUAwami League General Secretary Obaidul Quader was shifted to a cabin from the ICU on Wednesday after his condition improved further. "He is doing well," said Prof Dr Abu Nasar Rizvi of Bangabandhu Sheikh Mujib Medical University (BSMMU). "Doctors are preparing to conduct a bypass surgery...
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