Dhaka April 21, 2025, 11:27 am
The National Board of Revenue, Bangladesh Bank, Bangladesh Telecommunication Regulatory Commission and other agencies will have to collect revenues payable in the past as well from the tech firms
The economy is now making a turnaround after the lockdown and fast-track projects are gaining momentum as well as foreigners are returning to work
"Greenfield" investment is a type of FDI in which a parent company creates a subsidiary in a different country, building its operations from the ground up
The US-based streaming site Netflix sees some practical challenges in the current VAT law, which is preventing service providers like it from being able to fulfill VAT obligations in Bangladesh
Bangladesh might also be deprived of the concessional loan benefit from the multilateral and bilateral development partners after its graduation from a least-developed country (LDC) category
If full implementation of the packages is possible, an estimated 12 percent employment could be reached
Bangladesh government has created a scope of making more profits with providing lucrative incentives
The VAT payers would be able to pay the tax by using credit cards, debit cards and mobile financial services
The country had the previous highest inflation of 6.78 percent by the end of 2012-13 fiscal year
The cell will verify authenticity of cross-border transaction values between associated enterprises
Banks should be looking for fresh investors to create a new generation of entrepreneurs as almost all traditional entrepreneurs owe a large volume of term loans and have access to the stimulus packages
VAT wing enhancing its capacity
Almost 80pc of the respondents said their household incomes declined, which adversely affected the education of the youth, particularly the female
Government is planning to ink taxation agreements with as many as 12 countries for allowing the exchange of information in order to bring back black money stashed abroad
The IFC delegation assured the finance minister of considering his requests
Officials blamed the Covid-19 pandemic for the decline in the usual pace of economic activities
The weighted average spread between lending and deposit rates offered by commercial banks rose to 3.0 percent in September from 2.87 percent a month ago. It was 4.07 percent in March
Since March, the IFC has fully deployed an amount of $2.0 billion for the purpose. Bangladesh is among the emerging market countries that would receive support for overcoming the crisis and creating business opportunities
Majority of the projects fell far behind their respective schedules with recorded progress of lowest one to two percent only
The total budget outlay reached Tk 3.98 trillion at the end of June 30, down by over Tk 1.0 trillion, according to Economic Review 2020
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