Finance News: Latest Financial News, Finance News today in Bangladesh

Automating VAT management

The country's apex tax administration authority, the National Board of Revenue (NBR)'s effort to automate its Value-Added Tax (VAT) collection system, has encountered many challenges since the move was made nearly a decade and a half back. First, it introduced Electronic Cash Registers (ECR) in 2009. But it proved to...

Avoidance of wastage of onion produced locally can act as breather

The onion market is in a state of volatility again. This is to be expected as neighbouring India has slapped a 40 per cent duty on export of onions to stabilise prices in its domestic market. According to a reprt published in this newspaper, prices of the commodity has been...

Implementing the anti-bullying policy

Bullying and ragging in the country's educational institutions at times cross all limits. In the universities, especially dormitories, ragging turns into intimidation, shaming and physical torture. The authorities' role in preventing the suffering is minimal as the student wing of the political party in power often happens to be active...

How to avert train accidents

Train accidents in Bangladesh are quite frequent. The latest incident occurred on April 16 when five carriages of a Dhaka-bound Sonar Bangla Express hit a freight train in Cumilla's Nangalkot, resulting in 35 injuries. An analysis highlights the most significant causes of these accidents. Poorly maintained or damaged railway tracks...

Keeping school campus neat and clean

School buildings and campus facilities are often subject to daily wear and tear. Cafeterias, washrooms, classrooms -- the list of areas that need to be cleaned on campus is long. Hundreds of students, their guardians and teachers visit campuses every day and throw away rubbish here and there. Although many...

The art of saving money

Savings are the best method for enhancing investment. So, it is extremely important to keep track of the savings rate. This also applies to our individual lives relating to our personal finances.Regardless of age, we will all have to retire at some point. Thus strategising income and spending and developing...