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

Tax ceiling up, corporate rates rise

Tax-free income threshold for all individual taxpayers is going up and corporate rates are being raised in the new budgetary measures ready for the chief adviser's perusal today (Monday).Essential commodities are, however, spared from tax hikes as inflation bites all sections of people, officials said Sunday. The revenue authority is...

Dhaka readying response as India seals land-ports to Bangladeshi products

Dhaka is studying the exigent situation for a response shortly as India sealed their land-ports to import of a slew of products from Bangladesh, including apparel made from imported Indian yarn. Stating that he was not yet officially informed about the latest taboo involving bilateral trade-in a back-to-back restriction after...

CA advises preparing ‘realistic’ budget

Government high-ups have instructed finance officials to focus improvement in people's living standard and wellbeing in budgeting in a pivot from making growth-centric budget of the past times, sources said.The advice came when finance division officials Saturday placed the next budget outline before Chief Adviser Dr Muhammad Yunus seeking his...

3.02m lost jobs in Oct-Dec

The number of employed people in the country fell to 68.09 million in the fourth quarter of 2024, down from 71.11 million in the same period of 2023, according to the latest report by the Bangladesh Bureau of Statistics (BBS).This means that approximately 3.02 million people lost their jobs during...

Nagad CEO has no right to remain in his position: BB governor

Chief Executive Officer (CEO) of Nagad Ltd, Md Shafayet Alam, has no right to remain in his position, central bank Governor Ahsan H Mansur said on Sunday."He should be behind bars," the governor told newsmen after a meeting on the stalemate over the Nagad's administration held at the Ministry of...

Writ challenges ordinance dissolving NBR

A writ petition has been filed with the High Court challenging the legality of the "Revenue Policy and Revenue Management Ordinance 2025" that dissolved the National Board of Revenue (NBR) and replaced it with two new divisions.Filed on Sunday by Supreme Court lawyer Md Juwel Azad, the petition sought a...

Low gas pressure -

Low gas pressure forces CNG-powered vehicles to wait in a long queue for hours near a CNG filling station in Dhaka's Rajarbagh on Sunday, causing suffering for commuters. — FE photo by Asad-Uz-Zaman