New partnership to bridge revenue data gap

The tax authorities are going to establish an institutional partnership for addressing the discrepancy in revenue collection data by the board and Controller General of Accounts (CGA) office.Recently, the National Board of Revenue (NBR) has formed a high-powered body to implement the plan.The committee comprises representatives of the NBR, CGA,...

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Death penalty for patrons of drug traders: PM

Prime Minister (PM) Sheikh Hasina said on Wednesday the government is formulating an anti-narcotics law with a provision of death penalty for the patrons of drug traders, reports UNB."There'll be a proposal in the law to award death penalty to the patrons of drug trading, syndicates and godfathers," she said....

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Withdraw all sorts of taxes, VAT on internet

FE Report The country's leading ICT-related trade bodies called on Wednesday for withdrawal of all sorts of taxes and VAT on the use of internet. Withdrawal of such taxes and VAT would help garner more than Tk 50 billion in indirect revenue for the government, the trade bodies said. "Currently,...

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ACC sets deadline to complete probes

All ACC officials have been ordered to complete probes into Panama, Paradise Paper leaks by June 30, reports UNB. Anti-Corruption Commission (ACC) Chairman Iqbal Mahmood made the order Wednesday in an urgent meeting.The officials will complete the enquiries against individuals or entities whose names have been appeared in Panama Paper...

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Poll-time govt likely in Oct, says Obaidul

Awami League General Secretary Obaidul Quader said on Wednesday there is a possibility of the poll-time government formation in October, reports UNB.Talking to reporters, he said the poll-time government will be formed after the Election Commission (EC) announces the election schedule.Obaidul Quader, who is also Road Transport and Bridges Minister,...

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