Bangladesh Bank bought nearly $6 billion so far this fiscal year
8 hour(s) ago
Business
Economy under strain amid high inflation, weak investment
6 hour(s) ago
Economy
Budget a ‘litmus test’ for new govt as fiscal space tightens
6 hour(s) ago
Economy
Bangladesh’s reliance on indirect tax highest among regional peers
6 hour(s) ago
Economy
Tk 3 lakh crore ADP targets growth, polls pledges
6 hour(s) ago
Economy
Women’s participation in economic units stagnates
6 hour(s) ago
Economy
Banks, customs to stay partly open during Eid holidays
6 hour(s) ago
Economy
BB bought nearly $6b so far this fiscal year
6 hour(s) ago
Economy
Reading Fitch’s outlook revision: a warning, not a verdict
6 hour(s) ago
Economy
Ctg chamber’s biennial polls on May 23
6 hour(s) ago
Economy
VAT on amusement parks may increase
Tour operator services, which include hotels and resorts as well as tour guides, may also no longer enjoy a 15 percent VAT exemption.
6 June 2024, 09:21 AM
Govt withdraws VAT on laptops at import stage
The government has brought some changes in the duty structure for importing laptops in order to make the devices more affordable and bring relief to freelancers and students..The government plans to increase import duty of laptops from 5 percent to 10 percent and at the same time wants to
6 June 2024, 09:18 AM
Shelled cashew nuts may get pricier
Finance Minister Abul Hassan Mahmood Ali today proposed imposing a 5 percent import duty and a 10 percent regulatory duty on shelled cashew nuts.
6 June 2024, 09:16 AM
First Tk 3.5 lakh in income still tax free
Threshold increased for women, senior citizens, physically challenged persons, third gender, freedom fighters
6 June 2024, 09:09 AM
Pay 15% tax to whiten black money
None will raise question if a taxpayer pays a 15 percent tax for immovable properties
6 June 2024, 09:09 AM
Minimum tax unchanged
Tk 5,000 for those under Dhaka, Chattogram city corporations
6 June 2024, 09:08 AM
Ice cream, soft drinks to get costlier
The government plans to raise supplementary duty by 5 percentage points
6 June 2024, 09:07 AM
VAT on SIMs may go up by Tk 100
SD on SIM will be raised to 20% and VAT on eSIM will be increased to Tk 300 each
6 June 2024, 09:06 AM
AC, refrigerator set to be costlier
Flat 7.5% VAT imposed on these appliances
6 June 2024, 09:05 AM
Cigarettes to get costlier
The supplementary duty will be raised by 1 percentage point
6 June 2024, 09:05 AM
Finance minister places Tk 7,97,000 crore budget in parliament
This is the 54th budget of the country
6 June 2024, 09:01 AM
Exports slide 16% in May
However, overall shipments grew 2.01 percent to $51.54 billion in July-May, according to data from the Export Promotion Bureau (EPB).
6 June 2024, 00:42 AM
Banking reforms remain a pipe dream
As new finance minister Abul Hassan Mahmood Ali gears up to place his first budget for FY25, the lack of good governance in the banking sector remains a widely discussed issue.
6 June 2024, 00:42 AM
Spending on education falls short of expectations
For example, when the Dakar Declaration came in 2000, the country said it would spend 6 percent of GDP on education. The United Nations Educational, Scientific and Cultural Organisation recommends earmarking four to six percent of the GDP for the sector.
6 June 2024, 00:42 AM
State banks' default loans rise 42% in a year
In line with the prescriptions of the International Monetary Fund (IMF) for a $4.7 billion loan programme, the target is to reduce bad loans of state-run banks to 10 percent of their outstanding loans by 2026.
6 June 2024, 00:42 AM
How far have fiscal measures promoted industrialisation?
Experts and businesspeople also highlighted the challenges linked with the current tax and incentive system.
6 June 2024, 00:42 AM
Chicken, egg prices rise on supply shortage, higher production costs
The prices of broiler chicken and eggs, staple food sources for protein for many middle and low-income groups, have increased in the country's markets over the past week due to shortages in supply and an increase in production costs.
5 June 2024, 18:05 PM
Gas supplies unlikely to normalise this month
Overall, Petrobangla can currently supply around 2,600 mmcfd against a demand of 3,800 mmcfd.
5 June 2024, 16:11 PM
Bangladesh’s poverty rate in 2016 may have been higher than official data
Bangladesh’s poverty rate in 2016 may have been 1.7 to 2.3 percentage points higher than the rate estimated by the Bangladesh Bureau of Statistics while the extreme poverty rate may have been 3.5 to 3.7 percentage points lower, according to a survey by the World Bank..The findings of the s
5 June 2024, 15:42 PM
Low gas pressure cuts textile production by 65%
Factories in industrial belts need 15 PSI (pounds per square inch) of gas pressure, but are getting a maximum of 3 PSI
5 June 2024, 12:29 PM