Tax collection by the National Board of Revenue (NBR) from financial institutions fell short of the target by Tk 3.0-billion in the first quarter (Q1) of the current fiscal year (FY).Officials attributed the shortfall to 2.5 per cent cut in corporate tax for banks, non-banking financial institutions, insurance and leasing...
Read moreA speedy trial tribunal sentenced on Wednesday 19 persons, including former state minister for home Lutfuzzaman Babar and former deputy minister for education Abdus Salam Pintu, to death while 19 others, including BNP acting Chairman Tarique Rahman, to life imprisonment in two cases filed over the August 21 grenade attack...
Read moreThe slow implementation of the Khulna-Mongla rail connectivity project, one of the top priority schemes under the Indian Line of Credit (LoC), raises concern among the stakeholders.The latest review of the Tk 38 billion (3800 cr) project by both Indian and Bangladesh side shows that only 19 per cent work...
Read moreBangladesh is still among a few countries in the world, which has the highest migration cost, according to preliminary findings of a recent study of the International Organisation for Migration.These costs for male migrants can potentially shoot up to Tk 700,000 and for female migrants to Tk 95,000 each. In...
Read moreThe cyclonic storm 'Titli' intensified on Wednesday with a 'Core of Hurricane Wind ' over West-Central Bay and adjoining Northwest Bay. The maritime ports of Chattogram, Cox's Bazar, Mongla and Payra were advised to keep hoisted the distant cautionary signal no. 4, said a Met Office special bulletin. At 6.00pm,...
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