Deregulation across major financial sectors being mulled
Massive deregulation across major financial sectors of the "over-regulated" country is expected to be reflected in the coming national budget being crafted by the newly elected government.Finance and Planning Minister Amir Khosru Mahmud Chowdhury dropped a broad hint at such changes on Saturday during an exchange- of- views meeting with...
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Package VAT poised to make a comeback
Reinstating the package-VAT system to bring marginal businesses under the tax net is now under active consideration of the government, as compliance with the existing value-added-tax regime remains weak, sources say.Officials at the National Board of Revenue (NBR) say the move is being made targeting the small and informal businesses...
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Age bar for BSEC, IDRA chairmanship set to go
FE REPORTThe government has approved amendments to remove the age limit for appointing chairmen of the Bangladesh Securities and Exchange Commission (BSEC) and the Insurance Development and Regulatory Authority (IDRA), paving the way for the appointment of experienced candidates to the two key regulatory bodies.The Cabinet Division approved the changes...
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Iran won't accept 'maximalist' US demands as Pakistan pursues peace
ISLAMABAD/WASHINGTON, April 25 (Reuters): Iranian Foreign Minister Abbas Araqchi laid out Iran's demands and its reservations about U.S. positions on Saturday as Pakistan made a new push to end a war that has killed thousands and shaken global energy markets.After holding talks with Prime Minister Shehbaz Sharif and other top...
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