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

NBR targets 500 bank accounts

The tax intelligence has targeted 500 bank accounts through which tuition fees have been sent to students studying abroad.It has already collected information on 50,000 accounts from five banks to scrutinise whether the parents or guardians have shown the expenditures in their tax files."We have already started the process to...

Conglomerate resumes full-scale electricity export to Bangladesh

India's Adani resumes full-scale operation and supply of electricity from both of its dedicated power-plant units following a call from Bangladesh at the start of Ramadan.The Adani Power Jharkhand Ltd (APJL) plant supplied around 1,362 megawatts (MW) of electricity against its combined capacity to supply 1,496 MWs on Monday, according...

Adviser hopeful about stashed money recovery

Finance Adviser Dr Salehuddin Ahmed says the government is now dealing with some "sensitive" money-laundering cases and he is hopeful about recovering stolen assets through deals with foreign parties concerned. "Those who laundered over Tk 2.0 billion have been identified. Hopefully we will be able to bring back the laundered...

Minimum fitra fixed at Tk 110 per person

The government has fixed the minimum Fitra at Tk 110 per person while the maximum Fitra is set at Tk 2,805.This year the minimum fitra has been reduced by Tk 5 compared to the last year and the maximum fitra by Tk 165, reports UNB.The decision was taken at a...

Land reg taxes may fall in next budget

Land-registration taxes may decrease in the next budget for fiscal year 2025-26, National Board of Revenue (NBR) Chairman Abdur Rahman Khan said on Tuesday."We would consider not increasing the existing taxes (on land), rather we would make it tolerable," he said, responding to a pre-budget proposal to update the mouza...

Bangladesh's current account turns deficient again

Bangladesh sees its current account turn deficit again during July-January primarily as a spike in payments on account of transportation in services tips the balance. The current-account deficit amounted to more than half a billion dollars -- $552 million -- during the past seven months in a downturn from a...

Battery-powered rickshaws continue to rule the capital city

Battery-powered rickshaws continue to rule the capital city, which is now widely regarded as a public nuisance. However, the driver of the motorised three-wheeler as seen in the photo is using Dhaka's Mouchak-Malibagh flyover in flagrant defiance of the law. This growing menace often causes accidents, but the authorities concerned...