Sunset Clause in law to show investors end of tax-breaks
Government's revenue authority moves to frame a legal Sunset Clause to enable investors to project their cost of business knowing when their tax-cut benefit ends, under a fiscal-reform package.The move comes as per one condition tagged by the World Bank (WB) to its credit support to Bangladesh which aims to...
Read more
Dr. Yunus for 'Aynaghar' replica in mass uprising museum
Professor Muhammad Yunus, the chief adviser of the interim government, on Monday directed the authorities concerned to build a replica of the 'Aynaghar' (Mirror House) at the museum proposed to be constructed in the place of Gonobhaban.Gonobhaban was used as the official residence of the country's prime minister until the...
Read more
Two broad sectors' bad going squeezes GDP growth to 3.91pc
Bangladesh's economic growth slowed to 3.91 per cent in the last quarter of the past fiscal as two broad sectors' bad going compared to the previous three quarters downgraded the rate, official data showed Monday.In the third quarter (January-March) of the fiscal year (FY) 2023-24, the country's gross domestic product...
Read more
Three die of dengue,,,,
Three more people have died of dengue while 1,197 new patients have been hospitalised with the Aedes mosquito-borne disease across Bangladesh in the past 24 hours till Monday morning, reports bdnews24.com.The Directorate General of Health Services, or DGHS, said as many as 421 were hospitalised in Dhaka among the new...
Read more
Quarterly apparel export dives 36pc in Apr-Jun
Bangladesh's apparel export dipped 36.02 per cent to US$8.83 billion in the last quarter of the past fiscal year, compared to the turnover of previous three months. Latest data from Bangladesh Bank (BB) sowed the significant decline in the April-June quarter of FY2023-24. In the previous January-March quarter the earnings...
Read more