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

Mr Baker caught hiding sales info, evading VAT

A revenue intelligence team has unearthed concealment of sales information worth Tk 2.65 billion and VAT (value added tax) evasion worth Tk 800 million by Mr Baker Cake and Pastry Shop Limited.The VAT intelligence wing on Sunday filed a case against the baker.In a statement, the VAT Audit, Intelligence and...

Biden promotes unity

WILMINGTON, Del. (AP) : Joe Biden used his first national address as president-elect to vow to heal a deeply divided nation, declaring it was time to "let this grim era of demonization in America begin to end" and reaching out to the millions of people who voted against him to...

President, PM greet Joe Biden, Kamala

President Abdul Hamid and Prime Minister Sheikh Hasina greeted US president-elect Joe Biden and vice-president-elect Kamala Harris, reports UNB.In his message to Joe Biden, President Hamid said the existing relationship between Bangladesh and the United States is excellent.He hoped that the ties between the two countries would reach a new...

Pandemic claims 18 more lives

Eighteen more people died and 1,474 others tested positive for Covid-19 during the last 24 hours ending at 8:00 am on Sunday.With the latest figures, the death toll rose to 6,067 while the caseload to 420,238, said a statement issued by the Directorate General of Health Services (DGHS).The official data...

Imports from ACU members up by 22pc in Sept-Oct

The country's imports from the member countries of Asian Clearing Union (ACU) increased by nearly 22 per cent in the September-October period of this calendar year, officials said. The amount of bimonthly ACU payment rose to $1.30 billion during the period from $1.07 billion of earlier payment mainly due to...

Trump weighs how to keep up fight, find graceful exit

WASHINGTON (AP): President Donald Trump never admits defeat. But he faces a stark choice now that Democrat Joe Biden has won the White House: Concede graciously for the sake of the nation or don't - and get evicted anyway.After nearly four tortured days of counting yielded a victory for Biden...

HC order to collect social media revenue

The High Court on Sunday ordered the government bodies to collect tax and VAT from the payment made to all social media operators including Google, Facebook, Youtube and Amazon as per the existing law of the country. The National Board of Revenue, Bangladesh Bank and Bangladesh Telecommunication Regulatory Commission have...

Bashundhara places Tk.63m Covid-19 bills Health secy ‘not aware of claim’

Bashundhara Group has sought Tk 63.4 million from the Health Ministry to pay for setting up the 2,000-bed Covid-19 makeshift hospital.The costs include installing tents, maintenance and rent. The International Convention Centre Bashundhara (ICCB), a unit of the diversified conglomerate, has recently sent a letter to the health services division...

With winter on the horizon

With winter on the horizon, demand for blankets has started to pick up. The photo shows a worker carrying blankets to a shop selling warm clothes in Fulbaria area of the city on Sunday — FE photo by Shafiqul Alam