Info holdback on tax evasion by tycoons deprives exchequer of billions

Information holdback on bank accounts of certain tycoons for the investigation into suspected tax evasion deprives the public exchequer billions of taka, revenue officials said. Revenue sleuths reveal the findings, now that a crackdown on financial and other offences goes on following a regime change through the July-August uprising. Tax...

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Large industries see throughput resurgence

Large industrial enterprises in Bangladesh see throughput resurgence--after recent pickups for political upheavals--as is reflected in the large-scale manufacturing sector's latest index upswing.The index measuring state of the manufacturing biggies expanded 11.39 per cent in October of this fiscal year, according to Bangladesh Bureau of Statistics (BBS) data.Out of 23...

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Project cost hiked to Tk 149 billion

Long-stalled Bay Terminal infrastructure-building bid resumes with a proposed steep 43.07-percent hike in the project cost to Tk149.09 billion, official sources say. The Ministry of Shipping has submitted this revised proposal to develop support infrastructure for the proposed Bay Terminal in the Chattogram seaport area, meant for ramping up the...

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Khaleda, seven others acquitted in Niko graft case

A Dhaka court Wednesday acquitted BNP Chairperson Khaleda Zia and seven others in the Niko graft case filed by the Anti-Corruption Commission (ACC).As a result, Khaleda Zia was acquitted and discharged from all cases, including the Zia Orphanage Trust and Zia Charitable Trust graft cases, filed against her during the...

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Vendors set up makeshift shops occupying the footpath

Vendors set up makeshift shops occupying the footpath and a portion of the road in the city's Gulistan area, causing inconvenience for commuters and pedestrians. The photo was taken on Wednesday. — FE photo by Asad-Uz-Zaman

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Prayer Timings (2025-02-20)

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