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IMED opposes BBA's plea for addl fund to acquire more land

The Implementation Monitoring and Evaluation Division (IMED) has opposed a demand coming from the Bangladesh Bridge Authority (BBA) for allocating a substantial amount of additional fund under the Padma Bridge project.The fund is proposed to be used for acquiring an extensive land area for disposing of river-bed spoils, officials said...

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PM joins Saudi-led military drill's ending ceremony

DAMMAM (Saudi Arabia), Apr 16 (UNB): Prime Minister Sheikh Hasina joined on Monday the concluding ceremony of a Saudi-led joint grand military exercise, 'Gulf Shield-1', at the Eastern Province of Al-Jubail in Saudi Arabia.Sheikh Hasina was greeted by the Saudi King on her arrival at the venue as she oversaw...

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NBR may trim tax revenue collection target by Tk 300b

The aggregate tax revenue collection target may be trimmed by up to Tk 300 billion in the current fiscal year (FY) following a large amount of shortfall of the ambitious target, said the revenue board chief Monday.The National Board of Revenue (NBR) chairman Md Mosharraf Hossain Bhuiyan made the comment...

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BB asks banks to bring down lending rates to single digit

The central bank of Bangladesh has asked the banks to take effective measures to bring down the interest rate on lending to single digit from the existing level as soon as possible.The advice was made at two separate meetings of senior bankers held at the central bank headquarters in Dhaka...

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Lift all VAT, SD, surcharge on internet

Cell phone operators have called for exempting internet usage from all value added tax (VAT), supplementary duty (SD) and surcharge in the upcoming budget, noting that such move would help increase internet penetration in the country. Exempting the internet usage from such taxation would help increase data penetration, which would...

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News Watch (17-04-2018)

Moon sighting body sits today The National Moon Sighting Committee will sit in a meeting today (Tuesday) to determine the date of Holy Shab-e-Barat of Hijri 1439 after reviewing reports on spotting of the Shaban moon. The meeting will be held at the conference room of Islamic Foundation's Baitul Mukarram...

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Prayer Timings-(17-04-2018)

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