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

PC to revise DPP for curbing misuse of taxpayers' money

The Planning Commission (PC) is set to revise the existing Development Project Proposal (DPP) format in a bid to check fraud and misappropriation of public funds, officials said Monday.They said the PC is going to incorporate one particular segment called 'the project design life' into the DPP format with a...

A rickshaw being salvaged from a pothole

A rickshaw being salvaged from a pothole with a private car negotiating the waterlogged Kalshi Road near the Journalist Housing Society at Mirpur-11 in the capital after a spell of downpour on Monday morning — FE Photo by KAZ Sumon

Revenue defies fall in transfer deeds

Despite continuous decline in the incidence of land property transfers in recent months, the government's earnings from this important area have been increasing, official data showed.If the current pace of the revenue collection from land transfers continues, the government will be able to earn a major part of its non-tax...

Salt output misses target, reliance on imports grows

COX'S BAZAR, May 20: Salt production in the country fell short of the target this year also in continuation of the trend of last few years leading to the country's growing dependence on imports.The current season fetched a salt output of 1.49 million (14.93 lakh) tonnes, said the Cox's Bazar...

New device set to replace ECR

The National Board of Revenue (NBR) is set to make use of Electronic Fiscal Device (EFD) mandatory for businesses from the upcoming fiscal year, officials said.This will scrap the existing order for ECR installation.Such device will be interconnected with the server of the Value Added Tax (VAT) so that the...

FBCCI suggests overall dev of railway sector

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) emphasised on Monday overall development of the country's railway sector. In this connection they pressed for adding more transport trains to the fleet on different routes to facilitate trade and business activities. The views of the apex trade-body came at...

News Watch (22-5-2018)

Advance train tickets on sale from June 2Bangladesh Railway will start selling advance train tickets on June 2 on the occasion of Eid-ul-Fitr. Bangladesh Railway Director General Md Amzad Hossain said on Monday they initially decided to start the ticket sales on June 2. The minister will announce the final...