Govt to tighten rules for payment of over Tk 50,000 by businesses
The government may make it mandatory for businesses to use formal channels such as banks and mobile financial services for transactions involving more than Tk 50,000 from the next fiscal year.
29 May 2021, 18:00 PM
Agri-machinery makers may get 10-year tax break
The government is planning to offer a 10-year tax exemption for agricultural machinery manufacturing in order to encourage investment and support farmers’ growing appetite for machines to increase productivity and cut labour-shortage induced higher production costs.
27 May 2021, 18:00 PM
Govt mulls higher tax to curb fake fish farming claims
High earners from fish and poultry hatchery as well as fish farming are likely to lose the privilege of income tax reductions from fiscal 2021-22 as the government plans to introduce a new slab to collect more taxes from fish and poultry farming entrepreneurs.
25 May 2021, 18:00 PM
10-year tax exemption likely for new home appliance makers
The government is likely to offer a 10-year tax exemption to investments in manufacturing of home appliance to diversify the country’s manufacturing base and cut import dependence, said finance ministry officials yesterday.
24 May 2021, 18:00 PM
Women entrepreneurs may get tax relief
Women entrepreneurs may receive a relief in tax payment on their incomes from businesses in the coming fiscal year, said an official of the finance ministry.
23 May 2021, 18:00 PM
Spend wisely, save up to beat the pandemic
The ongoing coronavirus pandemic has led to great uncertainty over life and livelihoods. As the virus is not going to leave us anytime soon, it will continue to hurt economies and threaten jobs.
20 May 2021, 18:00 PM
Tax-free income limit may remain the same
The government is likely to keep the tax-free income limit for individual taxpayers unchanged for the next fiscal year of 2021-22, said officials of the finance ministry yesterday.
19 May 2021, 18:00 PM
Boro output to decline
The production of Boro rice may decline by 1.5 per cent year-on-year to 1.90 crore tonnes in the current harvesting season because of the recent heatwave and pests attacks, according to the US Department of Agriculture (USDA).
16 May 2021, 18:00 PM
A book worth reading
Humanity currently faces a three-pronged crisis -- the loss of life, a slide in income, and a dwindling economy -- due to the ongoing coronavirus pandemic that began in December 2019.
3 May 2021, 18:00 PM
How much to save regularly?
Ever since his professional career began a decade ago, Fakhrul Islam has kept aside a portion of his regular income as a nest egg for rainy days.
25 March 2021, 18:00 PM
Boro cultivation rises on higher prices
Rice cultivation has increased during the current Boro season as farmers have been encouraged by higher prices for the kitchen staple.
20 March 2021, 18:00 PM
Deshbandhu Group: Target $250m from global investors
Deshbandhu Group plans to raise $250 million (more than Tk 2,100 crore) from international investors through a Sukuk bond as the conglomerate looks to expand its business and repay its local debts.
12 March 2021, 18:00 PM
Win-win for vegetable growers, consumers as farmers’ market gains traction
It has become a regular task for Mohammad Monir Hossain.
6 March 2021, 18:00 PM
Tougher tasks ahead
Bangladesh’s image will shine out amidst the global community on the back of the United Nations recommendation for its status graduation from a least-developed country to a developing nation.
27 February 2021, 18:00 PM
Weak NBFIs barred from paying dividend
With a number of non-bank financial institutions (NBFIs) suffering from severe cash crunch, the central bank yesterday barred financial institutions with lower capital and higher default loans from paying dividends.
24 February 2021, 18:00 PM
Public food stocks near 3-year low
Public foodgrain stocks fell to 6.56 lakh tonnes, the lowest in nearly three years, raising apprehensions that greedy traders would use the current situation to manipulate prices to pocket higher profits.
24 February 2021, 18:00 PM
Raw jute prices hit new high
Raw jute prices hit a new high as the natural fibre traded for as much as Tk 5,300 per maund (one maund equals 37 kilogrammes) at local markets in Faridpur, the biggest producing district, as supply shortage became acute.
8 February 2021, 18:00 PM
Lentil imports on the rise
Bangladesh’s lentil imports are on the rise due to increased consumption amid inadequate domestic production.
30 January 2021, 18:00 PM
Social distancing proves a boon for bicycle exporters
The need to maintain social distancing in order to avoid infection amid the ongoing coronavirus pandemic has buoyed the global demand for bicycles.
24 January 2021, 18:00 PM
Beximco to buy majority stake in Sanofi Bangladesh
Beximco Pharmaceuticals is set to acquire 54.6 per cent stake in Sanofi Bangladesh for about Tk 400 crore, as it looks to expand its product base and diversify into new areas.
21 January 2021, 18:00 PM