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

Businesses seek tax exemptions, rate cut

The FBCCI proposed tax-exempt earning limit to be set at Tk 350,000, up by 40 per cent from the existing threshold considering higher cost of living and fast erosion of peoples' purchasing power.It also proposed to reduce the corporate tax rate by 2.5 percentage point to 22.5 per cent for...

FE celebrates 25 years of journey with vow to transcend tomorrow

The Financial Express (FE) celebrated its 25th founding anniversary on Tuesday with a vow to attain newer milestones along its onward march and transcend tomorrow.To mark the auspicious silver jubilee of publication of the country's lone English national financial daily, the FE organised a grand gala at Radisson Blu Water...

Strategic plans to help implement BRI

Flurries of recent activities surrounding the Belt and Road Initiative (BRI) in Beijing and elsewhere in China demonstrate that some positive changes in the economies and lifestyles in Asia and other parts of the region are in the offing.In 2013, China's President Xi Jinping floated the concept of "Silk Road...

Historic May Day today

The historic May Day will be observed today (Wednesday) in the country and elsewhere across the world with due respect through various programmes, reports BSS.The day is being observed across the globe since 1886 commemorating the supreme sacrifices of the workers at Hay Market, Chicago, in the USA for eight-hour...

NBR turns down plea for tax cut

The National Board of Revenue (NBR) has turned down a fresh plea for exempting Japanese companies from tax and value-added tax (VAT), sources said.The firms cannot be tax-exempt if engaged in the official development assistance (ODA)-funded projects as subcontractors, sub-consultants and sub-suppliers.Currently, only the Japanese contractors, consultants, and suppliers are...

IS claims responsibility

Militant activity watchdog SITE Intelligence Group has said that the Middle East based militant outfit Islamic State (IS) has claimed responsibility for the cocktail bomb attack on police in Dhaka, report agencies.The attack took place at around 8:30pm on Monday in front of a shopping complex on the south side...

News Watch- (01-05-2019)

Fakhrul’s seat declared vacant The Bogura-6 parliamentary constituency won by Mirza Fakhrul Islam Alamgir has been declared vacant as the BNP leader has refused to take oath as MP. Speaker Shirin Sharmin Chaudhury made the announcement on Tuesday, a day after the deadline for swearing-in passed. — bdnews24.com 39th special...