Govt plans Tk 10,000cr fund for jute sector
The jute ministry is working on a policy to form a Tk 10,000 crore fund to provide low-cost loans for the development of the nearly $1 billion export earning jute sector.
26 June 2018, 18:00 PM
Higher penalty for noncompliance
Corporate taxpayers will have to pay more in fine from the next fiscal year for noncompliance, which includes non-submission of
23 June 2018, 18:00 PM
NBR seeks air travellers' info
Airlines operating to and from Bangladesh will soon have to provide advance information about passengers to customs authority, as part of the National Board of Revenue's efforts to combat: smuggling, import of prohibited goods and terrorism.
21 June 2018, 18:00 PM
Govt's puzzling policy on tobacco
The government's move to withdraw the export duty on tobacco contradicts its own plan to discourage cultivation and consumption of the health-hazardous item.
20 June 2018, 18:00 PM
Consumers hit by higher VAT
The burden of value-added tax is set to get heavier from next fiscal year as the revenue authority looks high and low to find ways to
10 June 2018, 18:00 PM
More rich to face wealth surcharge
The rich who have been out of the wealth surcharge net in the past several years will be brought under it from fiscal 2018-19 as the
9 June 2018, 18:00 PM
No cheers in tax measures
Every year when the budget is placed in the parliament, Taufiq Hasan, a 35-year-old private sector employee, gets all worked up about which products and services he would have to pay more the following fiscal year.
7 June 2018, 18:00 PM
NBR set to miss tax collection target again
The revenue board is likely to fail to reach the tax collection target for the sixth consecutive year in the current fiscal year.
6 June 2018, 18:00 PM
Bangladeshi motorcycle industry revs toward record numbers
More than half a dozen of firms are establishing facilities to assemble and manufacture two-wheelers.Every day new buyers are visiting the sales centers in their quest for faster mobility, be that in traffic congested big cities, small towns or in rural areas. Emergence of ride sharing has given further impetus to the once slow growing sector. Now more than 1,000 bikes are sold daily, which was just half of daily sales five years ago, according to data collected from industry insiders.
5 June 2018, 18:00 PM
VAT boost for flat buyers
Homebuyers looking for mid-sized flats can brace themselves for a helping hand from the government, which is considering slashing
5 June 2018, 18:00 PM
High corporate tax a bane for businesses
Bangladesh has one of the highest corporate tax rates and complex tax systems in the world that act as a disincentive to investment,
3 June 2018, 18:00 PM
Dairy industry in Bangladesh: Prospects and roadblocks
It may appear alien to many that traditional milk collectors and sellers, known as Goalas, used to visit households with their milk containers every morning to sell fresh milk. And households used to buy from them.
31 May 2018, 18:10 PM
No headway in new VAT law implementation
No notable progress has been made in narrowing down the differences between businesses and the revenue authorities on the VAT
23 May 2018, 18:00 PM
Licences getting hard to come by
About 200 applicants, who have set up factories to make wares for export, are kicking their heels in frustration because of the
19 May 2018, 18:00 PM
Khirsa mango to get GI tag soon
The Khirsapat mango of Chapai-nawabganj, popularly known as himsagar, is set to become the third product after hilsa and jamdani
16 May 2018, 18:00 PM
Dhaka to see six new luxury hotels
Dhaka is set to welcome half a dozen international hotel chains over the next couple of years, brought about by the growing influx of
6 May 2018, 18:00 PM
Rice prices finally declining
Rice prices have finally started dropping off in the face of ample supply brought about by huge imports and arrivals of the fresh staple from the Boro harvests, said farmers and traders.
30 April 2018, 18:00 PM
NBR moves to tax Facebook, Google
The revenue authority is taking steps to realise value-added tax on digital advertisements on social media or other platforms by local firms following
28 April 2018, 18:00 PM
More graduates join jobless queues
Unemployment among graduates rose in fiscal 2016-17 in a worrying development for a country with a sizeable young demographic.
26 April 2018, 18:00 PM
Revenue shortfall widens in Jul-Feb
The shortfall from revenue collection target has widened further in the first eight months of the fiscal year as collection of the National
7 April 2018, 18:00 PM