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

Travel tax collections plunge by 89pc in Q1

Travel tax collections slumped by 89.41 per cent in the first quarter of the current fiscal year because of the coronavirus-induced travel restrictions imposed by most countries around the globe.The National Board of Revenue (NBR) has collected Tk 360 million in travel tax during the July-September (Quarter 1) period as...

Having begun its journey at Banglabandha, a 'Mujib Year Cycling Expedition' team of the army

Having begun its journey at Banglabandha, a 'Mujib Year Cycling Expedition' team of the army arrives in Bogura on Saturday — Focus Bangla

Global cases surpass 53.8m with 1.31m deaths

The number of confirmed COVID-19 cases exceeded 53.87 million globally, according to the latest tally from Worldometers.The confirmed coronavirus cases reached 53,876,973with over 1,311,844fatalities as of Saturday, report agencies.The US has recorded 10,724,830 cases with 244,302 deaths so far amid a nationwide surge of infections that shows no sign of...

Inter-ministerial body formed to advise govt

The government has formed an inter-ministerial committee, which will recommend the government ways of averting possible price volatility of essential commodities, officials say.Commerce and Agriculture secretaries are the co-chairpersons of the 21-member working group.The group members will review the annual demand, production, stock and prices of such goods.If any deficit...

Simplify VAT system for SMEs

Speakers at a workshop on Saturday called for simplifying value-added tax (VAT) system for the sake of a better business regime for small and medium enterprises (SMEs), reports UNB.The Dhaka Chamber of Commerce and Industry (DCCI) organised the virtual workshop on 'The Finance Act 2020 and VAT & Supplementary Duty...

Spiralling fish prices mount commoners' woes

Fish prices increased further last week despite the end of a three-week-long ban on fishing in major sanctuaries in the country earlier this month.The government's 22-day fishing ban in major rivers and sanctuaries, especially in the coastal and central regions came to an end on November 4 last.The ban is...