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

Finance Bill passed with notable changes

Corporate-tax incentives are broadened in the Finance Act 2026 by extending a 2.5-percentage-point rebate for a slew of businesses while retaining the existing 20-percent tax on dividend incomes of corporates.No taxing of retailers and no black-money-whitening scope either in the new budget while income-tax threshold rises to Tk0.4 million at...

Govt to implement Teesta Barrage 'at any cost'

Prime Minister Tarique Rahman reaffirms his government's pledge to implement the long-delayed Teesta Barrage Master Plan "at any cost" as a national priority aimed at addressing chronic water shortages and transforming agriculture in northern Bangladesh.Addressing parliament on Monday during general discussion on the proposed 2026-27 national budget, Rahman outlined an...

Ahsan Habib made acting NBR chairman

Ahsan Habib, a current member (Income Tax) of the National Board of Revenue (NBR), has been appointed acting secretary of the Internal Resources Division (IRD) and acting chairman of the revenue authority.To this effect, the Ministry of Public Administration issued a gazette notification on Monday.His appointment came after the incumbent...

India emerges as major rival to BD's RMG export to EU mkt

India is steadily emerging as a major competitor for Bangladesh's readymade garment (RMG) export thanks to its rising competitiveness, integrated supply chain, diversified textile sector and expanding trade agreements, especially with the European Union and the United Kingdom. Although Bangladesh currently maintains a stronger position in global apparel exports for...

Government to scrap controversial bank resolution provision

The government has decided to repeal the controversial Section 18(a) of the Bank Resolution Act-2026, eliminating any possibility of former owners regaining control of resolved banks.The decision reaffirmed the government's commitment to protecting depositors, recovering laundered assets and strengthening financial sector reforms.Finance Minister Amir Khosru Mahmud Chowdhury announced the decision...

New monetary policy rollout today

Bangladesh Bank rolls out its next monetary policy today (Tuesday) amid indication that the central bank will maintain its tight stance for another six months to rein in inflation and stabilise the exchange rate.The Monetary Policy Statement (MPS) for the first half (July-December) of the imminent fiscal year (FY2026-27) is...

Forex reserves top $37b on fresh aid

The gross foreign-exchange reserves surpassed the US$37-billion mark on Monday after the country received nearly US$700 million in fresh external financing from development partners, including the World Bank.Officials were expecting the reserve position to strengthen further in the coming days.The country's gross forex reserves rose to US$37.05 billion from US$36.31...

Passengers get on and off buses on the Mayor Hanif flyover

Passengers get on and off buses on the Mayor Hanif flyover in the capital, creating congestion and risks. The photo was taken from the capital's Sayedabad area on Monday. — FE photo by Shafiqul Alam