Budget approved with money-whitening scope blocked, tax readjustments
Scope for legalizing undisclosed money is finally blocked while safety net widened as the new national budget for FY2025-26 is approved with changes in fiscal measures, including tax cuts. The government ramped up the allocation for social safety-net programmes by over Tk 100 billion, raising the total to Tk 912.97...
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Zero-rated tax on 152 imports goes
Zero-rated tax benefit on 152 items, mostly essentials like rice, wheat, onions and edible oils, goes as the new budget takes effect on July 1 with some major changes in fiscal measures.Importers of the goods would be required to pay 2.0-percent Advance Income Tax (AIT) from the upcoming fiscal year...
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US strikes three Iranian nuke sites
DUBAI, United Arab Emirates, June 22 (AP): The United States attacked three sites in Iran early Sunday, inserting itself into Israel's war aimed at destroying the Iranian nuclear program in a risky gambit to weaken a longtime foe that prompted fears of a wider regional conflict as Tehran accused Washington...
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Agri, forest land shrinks 1.98pc, 5.41pc in 8 yrs
Bangladesh has undergone a notable shift in land use over the past eight years, marked by a decline in agricultural and forest areas alongside a rise in urbanisation and the expansion of inland and coastal waterbodies, according to a new report by the Bangladesh Bureau of Statistics (BBS).The report under...
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World reacts to US strike on Iran's nuclear sites
The United States' attack on Iran's nuclear facilities has drawn sharp global reaction, with international leaders and humanitarian agencies calling for de-escalation, renewed diplomacy, and respect for international law, reports UNB.Several Arab countries have swiftly issued statements expressing concern and urging de-escalation.Oman, which had been acting as a mediator in...
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