Saturday 24 August 2019 ,
Saturday 24 August 2019 ,
Latest News
  • 8 killed as bus falls into ditch in Faridpur
  • Muzaffar Ahmed’s body to be taken to Shaheed Minar this noon
  • Youth stabbed dead for resisting rape bid in Chuadana; Criminal lynched
  • Repatriation unfeasible ‘without favourable environment’
  • 9-year dredging project taken to tackle floods
RMG manufacturers miffed by increase in corporate tax

RMG manufacturers miffed by increase in corporate tax

Ready-made garments (RMG) manufacturers will have to pay a higher corporate tax as the government has proposed to raise the tax rate from 12 per cent…
Muhith wants to have social media under tax net

Muhith wants to have social media under tax net

Finance Minister AMA Muhith has proposed introduction of new provisions in the tax laws over the taxation of virtual and digital sectors, such as Facebook,…

Electronic devices to be installed in business units

The government has taken an initiative to install Electronic Fiscal Device (EFD) in business units for ensuring transparency in VAT collection system as the highest portion of revenue is collected from VAT and Supplementary Duty, reports UNB. Finance Minister AMA Muhith announced the new initiative…

Floating rate based-bond market on cards

The government is going to launch Floating Rate Treasury Bond (FRTB) as part of its plan to develop a bond market in the country’s financial sector, reports UNB. Finance Minister AMA Muhith dropped the hint while unveiling the national budget 2018-19 at the Jatiya Sangsad yesterday. He said it…

VAT imposed on ride-sharing services

The ride-sharing services of the country come under VAT net as the government has decided to slap five per cent VAT on the earning of the app-running authorities. A Statutory Regulatory Order (SRO) was issued by National Board of Revenue yesterday in this connection to those custo-mers who are using…

Muhith for 5pc VAT on e-commerce

Finance Minister AMA Muhith yesterday suggested imposing VAT on e-commerce business as the platform rising popularity day by day. During his budget speech in the Parliament for fiscal 2018-19, Minister Muhith proposed to impose 5 per cent VAT on all e-commerce, including those using Facebook for sales.…
Govt sets up 8,000km fibre optic cable nationwide

Govt sets up 8,000km fibre optic cable nationwide

Citing the government’s commitment to ensure a ‘Digital Bangladesh’, Finance Minister AMA Muhith said yesterday that 8,000 km of optical…

DCCI requests to reconsider corporate tax cut

Dhaka Chamber of Commerce and Industry (DCCI) yesterday requested the government for considering a cut of at least 2.5 per cent in the corporate tax in all categories. “The government can reconsider slashing corporate tax in all categories at least 2.5 per cent,” said DCCI President Abul…
Stock down on budget day trade

Stock down on budget day trade

Stock market closed lower yesterday when investors were cautious as Finance Minister Abul Maal Abdul Muhith was unveiling the national budget for 2018-19…

AMTOB expresses dissatisfaction

Mobile network operators (MNO) expresses their dissatisfaction as there has been no favorable changes for the sector in the proposed budget. Being one of the highest contributors to the economy of the country, the industry had urged the government to reconsider some recommendations as  removal…

Tk 1,508cr for civil aviation, tourism

An allocation of Tk 1,508 crore has been made in the budget proposed for 2018-19 fiscal for Civil Aviation and Tourism Ministry targeting to flourish travel and leisure industry as well as to start construction of mega Bangabandhu international airport, reports BSS. The allocation in the proposed budget…

Tk 14,542cr proposed for railways ministry

An allocation of Tk14,542 crore has been made for the Railways Ministry in the proposed budget for fiscal (FY) 2018-19, reports BSS. The allocation is Tk 663 crore more than the revised budget of the previous FY 2017-18 of Tk13,879 crore. The proposed budget of the fiscal 2017-18 for the ministry was…
Adnan Imam receives CIP (NRB) award

Adnan Imam receives CIP (NRB) award

Mohammed Adnan Imam, director and chairman of Risk Management Committee of NRB Commercial Bank Limited and managing director of IPE Group received Commercially…
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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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