API raw material imports to get VAT waiver until 2025

The National Board of Revenue (NBR) has exempted the import of raw materials for production of Active Pharmaceuticals Ingredients (API) from VAT payment until December 2025.In an order issued Sunday, the VAT wing of the revenue board waived 15 per cent consumption tax on the import of API raw materials...

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Plan to woo corporate entities to float bonds

Country's corporate entities will be encouraged to raise capital through issuing bonds for long-term investment instead of bank borrowing, officials said.The issue was discussed at a meeting of tripartite committee, held at the central bank headquarters in Dhaka on Monday, with its chief Md Khurshid Alam in the chair.The tripartite...

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Ramadan begins today

The Holy Ramadan, the lunar month of self-purification through fasting and abstinence, begins in the country today (Tuesday) as the new moon was sighted in Bangladesh sky on Monday, reports UNB.Lailatul Qadr, the night of divine blessing and benediction, will be observed on the night of June 01.The National Moon...

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News Watch- (07-05-2019)

DSCC fixes beef price at Tk 525, mutton Tk 750 The Dhaka South City Corporation (DSCC) fixed on Monday the prices of beef at Tk 525 and buffalo at Tk 480 for Ramadan, which are Tk 75 and Tk 60 higher respectively than last year's prices. The DSCC authorities fixed...

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Sehri, Iftar & Prayer Timings (2019-05-07)

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