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

VAT Act takes effect in next FY: Kamal

The much-discussed Value Added Tax (VAT) and Supplementary Duty Act, 2012 will be implemented from the next fiscal year, Finance Minister AHM Mustafa Kamal said on Saturday.However, the government has no plan to implement a uniform VAT rate as part of this new act, he added."We will go for implementing...

BD-India JCC meet on Feb 08 in Delhi

The pending issue like that concerning Teesta water sharing is unlikely to get priority at the upcoming joint consultative commission (JCC) meeting between India and Bangladesh.The meeting will be held in New Delhi on February 08.Foreign Minister Dr AK Abdul Momen is scheduled to reach the Indian capital on February...

Khalid killed RU teacher Rezaul, planned Holey Artisan attack: RAB

Former Rajshahi University student Shariful Islam alias Khalid was involved in Dr Rezaul Karim's killing and was a key planner of the Gulshan attack, Rapid Action Battalion (RAB) said on Saturday, reports UNB.Khalid, a suspected member of banned militant outfit Jama'atul Mujahideen Bangladesh, was arrested from Chapainawabganj's Nachol Upazila on...

Gazette out on revised wages for RMG workers

The gazette notification on the revised wages for ready-made garment (RMG) workers has been published.Earlier on January 13, the government declared the upward revision of basic and gross wages in six out of seven grades for the garment sector.The gazette was published on January 24 under the Bangladesh Labour Law...

Families of workers killed in Cumilla truck mishap to get Tk 100,000 each

The families of the workers killed after a coal-bearing truck overturned in Cumilla's Chauddagram will receive Tk 100,000 each in compensation, reports bdnews24.com.The medical bills of the workers injured in the accident will also be paid in full.State Minister for Labour and Employment Monnujan Sufian made the announcement at a...

PM's speech manifests her guilty conscience: Fakhrul

BNP secretary general Mirza Fakhrul Islam Alamgir said on Saturday Prime Minister Sheikh Hasina's address to the nation has manifested her 'guilty conscience' as she tried to justify her party's victory and Oikyafront's defeat, reports UNB.Talking to reporters at the BNP's Nayapaltan central office, he also described the Prime Minister's...

New wage board for journalists very soon, says Quader

Road Transport and Bridges Minister Obaidul Quader said the decision on the Ninth Wage Board Award for journalists will be taken very soon, reports UNB."We're giving great importance to the Ninth Wage Board and put it on the agenda of the first meeting of the new cabinet," said Quader, also...

Correction (27-01-2019)

The logo of Bangladesh Petroleum Corporation (BPC) instead of Bangladesh Parjatan Corporation was used mistakenly with the news item titled 'BPC plans to put some units under PPP' carried on Page 8 in Saturday's issue of The Financial Express. The mistake is regretted.