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

Tax collection misses mark despite VAT uptick

Tax-revenue collection faced Tk 274.29-billion shortfall even against a pared-down target for the immediate-past fiscal year though VAT receipt made a quantum leap.In June, the final month of the financial year, the VAT wing boasted a record growth of 47.2 per cent by collecting Tk 229.54 billion worth of the...

BR will have to refund passengers Tk 500m

The Bangladesh Railway (BR) will have to pay Tk 500 million to passengers as demurrage from its total loss of Tk 563.64 million caused since the spread of violence for suspending trains after ticket sale.According to estimation, tickets valued at Tk 325.82 million were sold for the trains in eastern...

Juvenile freed from 7-day remand, sent to correction facility

A Dhaka juvenile court on Sunday cancelled a seven-day remand order for Hasnatul Islam Faiyaz, ruling that he is a juvenile. The teenager was arrested over the killing of a police constable during violent anti-quota protests in Dhaka's Jatrabari area on 19 July. Faiyaz was subsequently transferred to a Child...

5 coordinators for quota movement in safe custody: DB

The Detective Branch (DB) of police has urged the parents of five coordinators for the quota reform movement not to be worried about their sons as they are now in safe police custody."We've taken them (the coordinators) in our custody on their security grounds. We assure that their families should...

Remittances drop significantly in six days from July 19 to 24

The country has seen significant drop in remittances from July 19 to 24. During the period a total of $78 million was received over six days, reports UNB. But in the first 18 days of July, the country received an average of $79 million in daily remittances. Bangladesh received US...

HC orders report on embezzlement of Tk 1.0b of Homeland Insurance clients

The High Court (HC) ordered the authorities concerned on sunday to investigate the allegations of embezzlement of more than Taka 1.0 billion of the clients of Homeland Life Insurance Company Limited and submit a report on August 27.A High Court Division bench of Justice Md Nazrul Islam Talukder and Justice...

France's Pauline Ferrand Prevot and bronze medallist

France's Pauline Ferrand Prevot and bronze medallist Sweden's Jenny Rissveds take a selfie as they celebrate on the podium after the women's cross-country mountain biking event during the Paris 2024 Olympic Games in Elancourt Hill venue in Elancourt, on Sunday. — AFP

Assuming that her husband is detained at the Detective Branch headquarters

Assuming that her husband is detained at the Detective Branch headquarters, Sharmin Akter on Sunday brings medicines for Nazim Uddin Shahin who was picked up from their Ati Bazar home the previous night. Amid a police crackdown, the family has not been informed of the charges or his whereabouts, as...

Misery in life without metro-rail in Dhaka after violent quota protest

Fardu Khan, a regular passenger of Dhaka Metro Rail, was continuously negotiating with ridesharing motorcyclists around 8am to travel to his office shortly in Karwan Bazar, reports bdnews24.com.The riders at Pallabi in Mirpur were asking for Tk 250, while Khan offered Tk 200. He took a bus afterwards as nobody...

Quota reform: Coordinators announce fresh programme from secret location

The Anti-discrimination Student Movement has announced their next course of action programme, reports UNB.Rifat Rashed, Abdul Hannan Masud and Mahin Sarker, 3 coordinators of the anti-discrimination student movement, held the briefing on Saturday evening, in the background of three of their fellow leaders of the movement having been picked up...

Police undergo major reshuffle

Bangladesh Police have made a major reshuffle with transferring two additional inspector generals of Police (AIGPs), five additional deputy inspector generals (ADIGs), and 48 Superintendents of Police (SP) ranking officials.The Public Security Division of the Home Ministry issued four separate gazette notifications to this end on Sunday, reports BSS. The...

Prayers offered for people killed in violence

Special doa and prayers were offered on Sunday at all mosques, temples, pagodas and churches across the country seeking eternal peace of the departed souls of those who were killed in violence centering the quota movement and wished recovery of the injured people, reports BSS.People of respective religions took part...