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

Govt to levy tax on dividend only once

National Board of Revenue (NBR) chairman Mosharraf Hossain Bhuiyan Sunday said simplification of the relevant process is on to ensure that any dividend income is taxed only once.The NBR is trying to find out a formula to avoid taxation of dividends that are transferred by the main or principal companies...

New move to conduct seismic survey in offshore blocks

The government has moved afresh to carry out seismic survey in offshore blocks to acquire data on hydrocarbon deposits to chalk out future steps for ensuring the country's energy security.State-run Petrobangla has floated an international tender recently to hire a two-dimensional (2D) seismic survey vessel along with data acquisition, processing,...

Police disperse quota protesters

Police dispersed the job seekers and university students from Shahbagh on Sunday evening, nearly five hours after they blocked the intersection demanding reforms of the existing quota system in government recruitment tests, including BCS examination, reports UNB.The law enforcers charged baton, and lobbed teargas shells and rubber bullets to disperse...

Khaleda shown arrested in Cumilla bus bombing case

BNP Chairperson Khaleda Zia, who is currently serving prison time in a graft case, has been shown arrested in the case over the Chauddagram bus petrol bombing that caused the deaths of eight, reports bdnews24.com.Cumilla Senior Chief Judicial Magistrate Md Mostayeen Billal made the decision on Sunday in response to...

BD-India FS level meeting today

The foreign secretaries of India and Bangladesh are scheduled to hold a meeting at the state guest houses -- Padma and Meghna -- today (Monday).They are expected to discuss the whole range of bilateral issues during the official talks.However, issues concerning Rohingya influx and Teesta water sharing are likely to...

Raise savings tools’ investment ceiling

Government secretaries have requested the finance minister to raise the ceiling on investment in savings tools to help them during their old age, sources said.They made the request at a pre-budget discussion held at the finance ministry conference room at the Bangladesh Secretariat on Sunday.Presently, a government official can invest...

CEC supports troop deployment during general election

Chief Election Commissioner KM Nurul Huda said he is in support of troop deployment during the upcoming parliamentary elections, but said the Election Commission (EC) has yet to reach a final decision on the matter, reports bdnews24.com."Troops should be deployed for the coming national elections," he told the media following...

News Watch (09-04-2018)

ACC arrests land minister's PS in graft caseThe Anti-Corruption Commission (ACC) arrested Kutubuddin Ahmed, personal secretary of the land minister, in a graft case involving land in the city's Gulshan area. He was arrested from the Segun Bagicha area on Sunday, ACC Deputy Director Pranab Kumar Bhattacharya said. On Sunday...