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

Govt plans to provide homes for injured July warriors

The government plans to provide permanent housing through 1,560 residential flats for July warriors who were severely injured and lost their working ability during the 2024 anti-discrimination movement.The Ministry of Housing and Public Works has submitted a Tk 13.44 billion project proposal to the Planning Commission to construct 15 buildings,...

Tax reforms to expand fiscal space, help ensure compliance

Recent changes in income tax, value added tax (VAT), and customs laws are designed to expand fiscal space, modernise tax administration, and support Bangladesh's long-term development goals, speakers said at a seminar on Wednesday.They noted that automation, stricter compliance, and the advisory role of professionals will be crucial in guiding...

Xi, Putin and Kim show united front at huge Chinese military parade

BEIJING, Sept 03 (AFP/BBC): Underwater drones, massive missiles and laser weapons dazzled crowds on Wednesday at a major military parade in Beijing, a show of strength for China as frictions with Washington simmer.Military experts have been closely eyeing the event, attended by several key foreign leaders including Russian President Vladimir...

ACC approves cases against S Alam's sons, others

The ACC has approved cases against 10 individuals, including the two sons of businessman Saiful Alam (S Alam Group), for evading Tk 750 million in taxes.In another development, the anti-corruption body decided to file many more cases against other businessmen for embezzling money and illegally acquiring wealth. In one case,...

Editors' Council worried over police claim of 'AI' photo

The Editors' Council has expressed concern over the police's claim that a published protest photo was "AI-generated," as well as over the creation of a mob during a recent event at the Dhaka Reporters Unity (DRU).In a statement issued on Wednesday, the platform of newspaper editors also criticised the interim...

No headway in cargo handling charge cut at airports

There is no progress in the reduction of cargo handling charges in Bangladeshi airports even three months after a government body submitted a report to the authorities in this regard.The Ministry of Civil Aviation and Tourism did not take any effective measures to facilitate the lessening of charges after receiving...

RUCSU polls: Nomination papers distributed, 1,233 in the race

The nomination paper distribution for the long-awaited Rajshahi University Central Students' Union (RUCSU) election has concluded with a staggering 1,233 candidates entering the race.Of them, 479 candidates collected forms for central and senate posts, while 754 collected for hall union positions, Chief Election Commissioner Prof AF Nazrul Islam announced at...

Minorities from Bangladesh, 2 other countries can stay in India without passport

India will allow members of minority communities from Afghanistan, Bangladesh, and Pakistan who came to India to escape religious persecution to stay in the country without a passport or other travel documents, NDTV reports. The decision will apply to Hindus, Sikhs, Buddhists, Jains, Parsis, and Christians who entered the country...

UN pushes nations to submit overdue climate plans

PARIS, Sept 3 (AFP): The United Nations on Wednesday urged nations late in turning in their climate plans to do so quickly, with major polluters among dozens of countries still to unveil new commitments.The nearly 200 countries under the Paris Agreement were supposed to put forward updated policies in February,...

ACC approves case against 10 people for tax evasion

Anti-Corruption Commission (ACC) has approved a case against a total of 10 people including two sons of Saiful Alam, head of S Alam group on charge of tax evasion of about Taka 75 crore, reports BSS.ACC Director General (Prevention) Md. Akhter Hossain told reporters that the accused are Saiful Alam's...