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Rana confesses to role in crimes

2014-06-06 00:00:00

A day after his colleague Arif Hossain confessed to the abduction and killing of seven people in Narayanganj, former RAB officer MM Rana has also reportedly admitted to his role in the crimes, reports bdnews24.com. Rana issued a confessional statement...

Inflation projected to be below 7pc

FE Report | 2014-06-06 00:00:00

The government has projected inflation rate to be at below 7.0 per cent in the next financial year (FY) 2014-15 as it foresees declining trends of energy and food prices in the global market in the coming days. "Factoring in...

GDP growth target set at 7.3 per cent

FE Report | 2014-06-06 00:00:00

The government targets a gross domestic product (GDP) growth rate of 7.3 per cent for the next fiscal year despite a slower pace of economic growth in the outgoing fiscal. The growth target is up by 1.18 percentage points from...

Experts sceptical of targeted investments as hurdles remain

Jasim Uddin Haroon | 2014-06-06 00:00:00

The proposed budget for the fiscal year (FY) 2014-15 will not attract the desired level of private investments as it did not address the major specific bottlenecks like land issue, policy prioritisation and raising the capacity of policy implementation. The...

Budgetary Resources

2014-06-06 00:00:00

Broad Details of Revenue Receipts

2014-06-06 00:00:00

BNP won\\\'t hold trial of Zia\\\'s killers: Maya

2014-06-06 00:00:00

Relief and Disaster Management Minister Mofazzal Hossain Chowdhury Maya (Bir Bikram) said Thursday BNP won't be able to hold trial of the killers of late president Ziaur Rahman, reports BSS. "The big shots in BNP-fold would be exposed if trial...

Helal, Emdad panel sweeps Muktijoddha Sangsad poll

2014-06-06 00:00:00

The panel of Maj Gen (retd) Helal Morshed, Bir Bikram, and Emdad Hossain Matin won all 41 posts in the Muktijoddha Command Council election-2014, held Wednesday, reports BSS. This was disclosed in a result sheet signed by returning officer Akram...

Photo: British High Commissioner in Bangladesh Robert Gibson speaking

2014-06-06 00:00:00

Ambiguity, populism mark a pro-growth approach

Shamsul Huq Zahid | 2014-06-06 00:00:00

Finance Minister AMA Muhith Thursday placed the Tk.2.5 trillion national budget for the next fiscal (2014-15) setting the country's economic growth target at 7.3 per cent for the year. The finance minister fixed the higher growth target with the expectation...

What\\\'s up, what\\\'s down

FE Report | 2014-06-06 00:00:00

Petroleum products might be dearer in the upcoming fiscal year (FY), 2014-15, as the Finance Bill-2014 proposed up to 25 per cent increase in tariff value on their import at import stage. The bill has also proposed withdrawal of Supplementary...

New tax measures to cut rich-poor gap

FE Report | 2014-06-06 00:00:00

The proposed budget for the fiscal year (FY) 2014-15 has incorporated a number of tax measures to net in the well-off section of people and reduce the rich-poor gap. Finance Minister AMA Muhith has proposed a new 30 per cent...

UP member shot dead in Pabna

2014-06-06 00:00:00

A union parishad member was shot dead by some miscreants at Negri village under Chatmohor Upazila of the district Thursday, report agencies. The deceased was identified as Faruk Hossain (35), member of Foiljana Union Parishad (UP) and secretary general of...

Cut in corporate tax for non-publicly traded cos

FE Report | 2014-06-06 00:00:00

Finance Minister AMA Muhith proposed Thursday a cut in corporate tax for non-publicly traded company by 2.50 per cent from existing 37.5 per cent. Rates of taxes for other corporate bodies including banks, non-banking financial institutions, and insurances will remain...

Budget At A Glance: FY 2014-2015

2014-06-06 00:00:00

Prayer Timings

2014-06-06 00:00:00

Muhith holds press confce today

2014-06-06 00:00:00

Finance Minister AMA Muhith would address a post-budget press briefing today (Friday), said an official handout. The press briefing will be held at 4 pm at the Osmani Memorial Auditorium in the city. The finance minister will speak and respond...

Duty raised on gold of air passengers

2014-06-06 00:00:00

Finance Minister AMA Muhith proposed Thursday a raise in the specific duty to Tk 3,000 from the existing Tk 1,500 per tola of gold (11.664 gram) if aircraft passengers bring it in excess of 200 grams as smuggling in the...

BGP says sorry for killing BGB man

2014-06-06 00:00:00

COX'S BAZAR, June 5 (UNB): Myanmar Border Guard Police (BGP) Thursday expressed regret for the killing of Border Guard Bangladesh (BGB) member Nayek Subedar Mizanur Rahman along Bangladesh-Myanmar border in Bandarban. At a sector commander-level flag meeting held in Mongdu...

Muhith unveils nat’l budget targeting 7.3pc growth

2014-06-06 00:00:00

In the name of Allah, Most Gracious, Most Merciful Progress Uninterrupted: A Promising Future Beckons Bangladesh Madam Speaker 1. I seek your kind permission to present the Supplementary Budget for the Fiscal Year 2013-14 and the Budget Estimates for the...

Tokyo stocks flat by break

2014-06-06 00:00:00

Tokyo stocks were little changed on Friday morning despite the European Central Bank's launch of unprecedented easing measures to ward off deflation in the eurozone. The benchmark Nikkei 225 index edged down 0.02 percent, or 2.28 points to 15,077.09 by...

China shares edge down

2014-06-06 00:00:00

Chinese shares edged down in morning trade on Friday as the market awaited the weekend release of trade figures for May, dealers said. The benchmark Shanghai Composite Index edged down 0.02 per cent, or 0.34 points, to 2,040.54. However, the...

PM off to China

2014-06-06 00:00:00

Prime Minister Sheikh Hasina left Dhaka for China on Friday morning on a 6-day official visit during which both the countries are expected to complete negotiations on the construction of a deep seaport at Sonadia in Cox’s Bazar. A VVIP...

HK shares higher

2014-06-06 00:00:00

Hong Kong shares opened 0.53 per cent higher on Friday following another record close for the S&P 500 and Dow on Wall Street in response to aggressive European Central Bank measures to boost the eurozone economy. The benchmark Hang Seng...

The bigger the cheaper

2014-06-06 00:00:00

Most high-end cars will see their prices decrease with next fiscal year (FY)'s budget proposing a reduction of supplementary duty. Cars ranging from 1,751cc to 2,000cc will see their supplementary duties cut from 150 per cent to 100pc. A supplementary...

Cancer drugs, kidney dialysis, diapers to be cheaper

2014-06-06 00:00:00

The cost to treat complex health conditions like cancer, buy everyday commodities or your child’s stationery will fall when the proposed budget is implemented. The proposals in the 2014-2015 fiscal year (FY)’s budget will reset prices of locally manufactured drugs,...

Edible oil, potato, rice, wheat, lentils, spices may cost less

2014-06-06 00:00:00

The proposals in the new budget will reset prices for some products and services. Edible oils from soybean, sunflower seed and regular electric bulbs (Filament lamp) will be cheaper when the proposed 2014-2015 budget is implemented. Finance Minister Abul Maal...

English-medium schools to be dearer

2014-06-06 00:00:00

Finance Minister Abul Maal Abdul Muhith has proposed enhanced taxes and duties on several products and services for the new fiscal year beginning on July 1. The proposal, made in his budget speech in Parliament on Thursday, may make the...

Tk 25,000+ house rent thru\\\' banks

2014-06-06 00:00:00

Finance Minister AMA Muhith on Thursday proposed in his new budget to amend the Income Tax Law (ITL) to end tax evasion by house owners. He is planning to widen the tax net by bringing the landlords under closer scrutiny...

Kunming to weave regional ties

2014-06-06 00:00:00

China invites Southeast and South Asian countries to come closer at its provincial capital, Kunming, to ramp up trade, investment and connectivity as the biggest expo focussing on the region gets under way in the spring city this (Friday) afternoon....