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

Many AL-time entities losing infinite tax largesse

Many beneficiaries of tax largesse offered by the past regime for indefinite period are among those losing out under a current trimming that limits waivers to maximum five years. Officials say the government's revenue authority has started implementing Sunset Clause-like measure setting maximum five-year tenure of tax exemptions.Already, six tax-exemption...

IMF suggests power price hike to cut subsidy

A fresh US$3.0-billion IMF loan is bound with strings of reforms that necessitate Bangladesh to hike power tariffs in the process of building a non-subsidy economy, officials said.A visiting team of the International Monetary Fund (IMF) in a meeting with the Bangladesh Power Development Board (BPDB) and the Ministry of...

Dr Yunus among Nature's top 10 personalities in 2024

Renowned economist and Nobel Laureate Prof Dr Muhammad Yunus has been named among the top 10 personalities in 2024 by the prestigious scientific journal Nature, reports UNB.The publication described him as a 'Nation Builder' for his impactful contributions to society.The Nature Top 10 list highlights key developments in science over...

Bangabandhu Trust, Hasina, Rehana accounts under probe

Banks are instructed to submit information on the bank accounts of deposed prime minister Sheikh Hasina and her younger sister Sheikh Rehana and Bangabandhu Sheikh Mujibur Rahman Memorial Trust founded under their father's name,Bangladesh Financial Intelligence Unit (BFIU) sent in a letter to the banks last week with the instructions.Sheikh...

Mayer Daak [Mother's Call]

Mayer Daak [Mother's Call], a platform of the families of those who fell victim to enforced disappearances, murders and torture allegedly by state security agencies during the misrule of the Awami League regime, organises a gathering of the victims’ relatives at Suhrawardy Udyan in the city on International Human Rights...

Money laundering case: SC stays 7-yr jail sentence of Tarique Rahman

The Appellate Division of the Supreme Court on Tuesday stayed a High Court verdict that sentenced BNP's acting Chairman Tarique Rahman to seven years' imprisonment in a money-laundering case. The apex court also stayed the lower court judgement that sentenced businessman Gias Uddin Al Mamun to seven years' imprisonment in...