News Watch (12-09-2019)

5.0pc tax on savings certificate worth Tk 0.5 million

The government has taken a decision to cut 5.0 per cent tax on the interest earnings from investment of up to Tk 0.5 million in savings certificates. As per the gazette of the Internal Resource Division under the Finance Ministry, Bangladesh Bank (BB) Wednesday instructed all banks and Financial Institutions (FIs) to cut 5.0pc tax instead of 10.0pc on the interest earnings from the investment up to Tk 0.5 million. However, there will be no change of 10.0pc tax at source for the savings instruments over Tk 0.5 million. — BSS

BTRC suspends 3G, 4G services in Rohingya camp areas

Bangladesh Telecommunication Regulatory Commission (BTRC) suspended 3G and 4G services in Rohingya camp areas in Teknaf and Ukhiya for an indefinite period. "The services were suspended on Tuesday night," BTRC Senior Assistant Director Zakir Hossain said. "It will remain effective until further notice," he added. — UNB

BEZA to launch one-stop service centre on Sept 29

Bangladesh Economic Zones Authority (BEZA) is set to launch its 'One Stop Service (OSS) Centre' formally on September 29 in the city for providing all the necessary services to the investors of the economic zones in a single window. Talking to news agencies, BEZA official said the organisation had already started to provide most of the services through OSS centre and the centre will be formally inaugurated on the day since all preparations have been taken in this regard. — BSS