DOULOT AKTER MALA | 2022-04-10 00:00:00
Evading payroll taxes is being made difficult for both employees and employers as taxmen start monthly scrutiny of salary payout through electronic tax deduction at source (e-TDS) system, as a measure of enhancing government revenue.Income-tax authority thus moved to boost...
Mohammad Mufazzal | 2022-04-10 00:00:00
Trading on the exchanges' SME board is getting momentum gradually following the rise in the number of listed companies and increased participations from qualified investors (QIs).Trading commenced on the SME board of Dhaka Stock Exchange (DSE) on September 30, 2021...
Asjadul Kibria | 2022-04-10 00:00:00
Zakat is one of the five fundamentals of Islam. It is an obligatory charity for all the Muslims who have the ability to pay and so is an important component of Islamic finance. The ability to pay Zakat is determined...
Rabiul Hossain | 2022-04-09 12:00:00
The portion of a country's debt which is collected from the foreign/external parties is termed as external debt of that country. Generally, debt receiving country takes debt from multilateral lending institutions i.e., World Bank, International Monetary Fund (IMF), Islamic Development...
DOULOT AKTER MALA | 2022-04-09 00:00:00
Foreign organisations in Bangladesh, including UN agencies, are expected to get VAT refund expeditiously as the revenue board's relevant office moves to go digital to end their long wait.Foreign agencies are exempt from value-added tax on local buys, so are...
BABUL BARMAN | 2022-04-09 00:00:00
Stocks plummeted in the outgoing week to Thursday, with jittery investors selling off their shares to skirt further losses amid persistent volatility on the market.Out of the five trading days this week, four sessions suffered losses amid sluggish turnover, as...
Nilratan Halder | 2022-04-09 00:00:00
If unity is the binding force of this universe, contrast and contradictions are there to lend the balancing act. On the only planet so far known to have hosted life, the contradictions are at their most outrageous. Or else, how...
Syed Fattahul Alim | 2022-04-09 00:00:00
As it is getting prolonged, the impact of the Ukraine war on the entire global economy is becoming more pronounced. In fact, in this interconnected and interdependent world, one cannot think of punishing one country without affecting the rest of...
MOHAMMAD MUFAZZAL | 2022-04-08 00:00:00
The Bangladesh Securities and Exchange Commission (BSEC) has sought the scope for investing undisclosed money in the capital market by paying tax at a 10-per cent flat rate.BSEC Chairman Prof. Shibli Rubayat Ul Islam gave the proposal during a discussion...
SIDDIQUE ISLAM | 2022-04-08 00:00:00
Bangladesh's overall trade deficit climbed over US$22-billion mark in the first eight months of the current fiscal year mainly for higher import- payment pressure on the economy, officials say.Besides, the country's current-account balance deteriorated further, hitting an 'all-time high' at...
Nilratan Halder | 2022-04-08 00:00:00
Permanent closure of 14,111 private primary schools in 2020, the first year of the Covid-19 pandemic, is a dire statement but hardly surprising. Prepared by the Directorate of Primary Education (DPE), the Annual Primary School Census (APSC) 2021 further discloses...
DOULOT AKTER MALA | 2022-04-07 00:00:00
The integration of the Bangladesh Road Transport Authority (BRTA) and the National Board of Revenue (NBR) database starts paying off following field-level taxmen's random access to it.The database was streamlined last June to check tax evasion by well-off people having...
Ipshita Maliat Rahman | 2022-04-07 00:00:00
The HULT Prize at BUTEX-2022 was successfully completed on March 25, with Team Neoterics as the champions, and Team Infinity and Team Attention Seekers as the first and second runners-up respectively. The competition at BUTEX (Bangladesh University of Textiles) took...
Hasnat M Alamgir | 2022-04-07 00:00:00
Along Bangladesh's 710 kilometer coastline, several million people from the 14 coastal districts and 49 Upazilas are estimated to depend directly or indirectly on marine fishing for their livelihood-- either for the whole or part of the year. The government's...
SIDDIQUE ISLAM | 2022-04-06 00:00:00
The central bank has pumped over US$4.0 billion into Bangladesh's overheating foreign-exchange market in nearly eight months to check rise in the value of the US currency.Officials say the demand for the greenback has increased following the ongoing Russia-Ukraine war...
DOULOT AKTER MALA | 2022-04-05 00:00:00
Two specialized savings schemes in US dollar are now open for unlimited investment as the government withdraws the cap to forestall any greenback shortage under import-payment pressures.However, officials say, the yields on the US Dollar Premium Bond and the US...
Siddique Islam | 2022-04-05 00:00:00
Fallouts from the Russia-Ukraine war and global commodity-price spiral may stymie Bangladesh's economic growth and also fuel inflation by this fiscal yearend, the central bank forewarns.The Bangladesh Bank (BB) in its latest quarterly economic review report, released Monday, forecasts that...
BABUL BARMAN | 2022-04-05 00:00:00
The government revenue earnings from Dhaka Stock Exchange (DSE) jumped 43 per cent in nine months of the current fiscal year compared to the same period last fiscal, powered by rising trading volume.The government bagged revenue worth Tk 3,256 million...
Syed Fattahul Alim | 2022-04-05 00:00:00
The political situation in Sri Lanka is fast heating up over the violent public protests against acute scarcity of fuel, power, food and medicine. Some infuriated demonstrators burnt vehicles near the private residence of President Gotabaya Rajapaksa. After police action,...
Sultana Afroz | 2022-04-05 00:00:00
The Public Private Partnership Authority (PPPA) is committed to supporting public agencies to deliver public infrastructure services that are required to enhance the development of Bangladesh. Public-Private Partnerships (PPPs) can deliver a solution that provides quality public services to citizens,...
Hasnat Abdul Hye | 2022-04-05 00:00:00
In most of the narratives of the ongoing war in Ukraine, a common refrain that appears in print and electronic media of Europe and America is about its 'civilisational' character. While TV commentators of BBC and CNN repeat ad infinitum...
Neil Ray | 2022-04-04 12:00:00
Sri Lanka has declared a state of emergency following a violent protest outside of President Gotabaya Rajapaksa's residence. Protests followed next day may likely to continue in the face of unbearable belt-tightening. Hundreds of angry protesters gathered in front of...
ISMAIL HOSSAIN | 2022-04-04 00:00:00
The Microcredit Regulatory Authority (MRA) moves to form depositors' safety fund to minimise the risk of losses of small savers in the event of non-payment by any micro-finance institution.However, the MFIs in operation have dissented strongly to the proposal, which...
DOULOT AKTER MALA | 2022-04-04 00:00:00
Price rises on the international market proved a boon for government revenue receipt until February with import-tax collection registering a robust 23-perecnt growth, official count shows.The National Board of Revenue (NBR) achieved an average 15.28-percent growth, year on year, in...
Abdul Bayes | 2022-04-04 00:00:00
The era of rice predominantly influencing Bangladeshi diet seems to have gone. Pari passu with Engle's Law, urbanization, sustained income growth and decline in poverty "are continuing to change consumption patterns and heighten demand for a more diverse range of...
DOULOT AKTER MALA | 2022-04-03 00:00:00
The National Board of Revenue (NBR) extends tax benefit for importing and re-exporting equipment, machinery, spare parts to facilitate hydrocarbon exploration.International oil companies (IOCs) will be able to import equipment using this facility under the latest statutory regulatory order (SRO)...
Siddique Islam | 2022-04-03 00:00:00
NRB Commercial Bank Limited has planned to expand its microcredit programme in different parts of Bangladesh aiming to bring more unbanked people under the banking network, the bank's top policy-makers have said.The fourth generation private commercial bank (PCB) is committed...
NAZIMUDDIN SHYAMOL | 2022-04-03 00:00:00
CHATTOGRAM, Apr 02: Prices of essentials continued to spiral up in the port city last week despite the government's claim that its vigilance teams were monitoring markets round-the-clock to rein in price hike during Ramadan.Visiting different kitchen markets in city...
Asjadul Kibria | 2022-04-03 00:00:00
After around nine months had passed since the end of the last fiscal year (FY21), Bangladesh Bank released the annual report for 2020-21 in the last week. This is a new record, indeed!Usually, the central bank is used to publish...
REZAUL KARIM | 2022-04-02 00:00:00
Bangladesh is switching to a new set of policy guidelines titled 'Regional Trade Agreement (RTA)' as the existing FTA regime is deemed obsolete for helping Bangladesh tackle post-graduation trade challenges.As part of the initiative, the government has already drafted the...
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