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

Black money whitening allowed at a huge cost

Black-money holders would need to pay up to five-time higher taxes to whiten their money investing in real estate from July as the interim government retains the budgetary amnesty on harder conditions.The source of such undeclared money would have to be disclosed mandatorily to get the amount formalised, as per...

Target pared down to 8.0pc this June, 6.50pc by next

City-dwellers still feel the bite of high food prices although overall inflation eases by latest official count and the interim government pares the rate down progressively from July in the forthcoming fiscal year. The carried-over high inflation is still close to a double-digit level while the post-uprising government now fixes...

FY26 GDP growth target set at 5.5pc

The interim government has backtracked from the previous administration's ambitious macro-economic targets as it is expecting 5.50 per cent economic growth in the next fiscal year. It has also revised down the current fiscal year's gross domestic product (GDP) growth target to 5.0 per cent from the earlier 6.75 per...

Phasing out of protective tariffs proposed

The government has announced phasing out of protective tariffs for the local manufacturing industries in a bid to prepare for graduation from the least developed country status, due in November 2026.It also facilitated import of goods for the same purpose.Also, following the reciprocal tariff of Trump administration, some 110 products...

Budget proposes tax cuts to boost telecom, startups

The interim government has unveiled a tech-focused fiscal agenda in the proposed national budget for FY 2025-26, offering tax relief for telecom operators and internet service providers while expanding incentives for local startups. At the same time, the budget tightens value-added tax (VAT) regulations on mobile manufacturing, e-commerce commissions, and...

Listed cos to be benefitted from tax incentives

The government has offered tax advantages to local manufacturers of medicines, two-wheelers and three-wheelers and to the makers of electrical and electronics goods for FY26. VAT exemption on API (active pharmaceutical ingredients) production has been extended to June 30, 2030, which will have an impact on the business of Beximco...