The government should conduct an in-depth cost benefit analysis of the possible changes in the new VAT law, and focus on transition of the existing VAT payers to the new regime, the International Monetary Fund (IMF) opined.The fiscal impact of any change to the existing rules should be analysed for...
Read moreThe Asian Development Bank (ADB) projected on Wednesday Bangladesh's economic growth at 8.0 per cent for the current fiscal year (FY) with buoyant export earnings and remittance.The Manila-based lender has revised its growth forecast upward from its earlier 7.5 per cent projection at the Asian Development Outlook (ADO) 2018 Update...
Read morePrime Minister Sheikh Hasina asked the business community not to raise the prices of essentials, including sugar and edible oil, during the upcoming Ramadan, report agencies.She made the call at a function arranged marking the inauguration and laying the foundation stones of 65 different development activities of economic zones through...
Read moreCountry's overall imports grew by more than 9.0 per cent in the first eight months of this fiscal year (FY), 2018-19, following higher imports of intermediate goods and fuel oils, officials said.The actual import in terms of settlement of letters of credit (LCs) rose to US$36.90 billion during the July-February...
Read moreHome Minister Asaduzzaman Khan on Wednesday said programmes to celebrate Pahela Baishakh must end by 6pm and traditional masks cannot be used during Mongol Shovajatra (procession of good wishes). He came up with the remarks while talking to reporters after a meeting at the Secretariat. — UNB
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