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

Muhith blasts NBR for offering tax exemptions on large scale

Finance Minister AMA Muhith slammed the National Board of Revenue (NBR) for offering tax exemptions on a large scale. "The NBR might be called a jungle of tax exemption for providing too much of such facilities to various entities," he said on Tuesday.Though the extent of such exemptions has been...

People jailed for more than two years can’t contest polls: HC

The High Court has said those who were jailed for more than two years, with their appeals pending with the courts, cannot compete in the election, report agencies.The HC bench of Justice Md Nazrul Islam Talukder and Justice KM Hafizul Alam came up Tuesday with the observation after rejecting separate...

Khaleda can’t join polls even if sentence revoked, says AG

Attorney General Mahbubey Alam said that BNP Chairperson Khaleda Zia, who was convicted and sentenced in two corruption cases, cannot contest the election even if she is relived through appeal, reports UNB.Khaleda will have to wait for five years after her release, said the AG at a press conference at...

Authority ferrets out anomalies over source tax deduction

The revenue board has unearthed irregularities in tax deduction by some of the companies, firms and other deducting authorities.Officials of the National Board of Revenue (NBR) said the withholding entities keep the tax at source unpaid for three to four years. They later settle the issue in an appellate tribunal,...

Govt bonds’ yields rise notably

Yields on the government treasury bonds (T-bonds) increased significantly on Tuesday, as the banks were reluctant to invest their funds in the long-term securities ahead of the national polls.The cut-off yield, generally known as interest rate, on 15-Year Bangladesh Government Treasury Bonds (BGTBs) rose to 7.55 per cent on the...

Shop owners selling mikes at Patuatuli in Old Dhaka

Shop owners selling mikes at Patuatuli in Old Dhaka passing a hectic time on Tuesday to cater to the demand for and such equipment to be used for campaigning ahead of the 11th national election — FE Photo

NASA’s InSight lands on Mars

PASADENA, Calif, Nov 27 (Reuters): NASA's InSight spacecraft, the first robotic lander designed to study the deep interior of a distant world, touched down safely on the surface of Mars on Monday with instruments to detect planetary seismic rumblings never measured anywhere but Earth. Engineers at the Jet Propulsion Laboratory...

News Watch- (28-11-2018)

Burglary at Pak High CommissionUnknown burglars took away computers containing official records and sensitive data from the consular section of Pakistan High Commission in Dhaka. The incident took place on the evening of November 22, 2018. The matter was reported to the Gulshan diplomatic zone police station. Confirming the incident,...