Dhaka March 17, 2025, 7:42 pm
Importers said they have been bleeding after the slapping of a 5.0 per cent advance tax (AT) on imports, effective from July 01.
Prime Minister’s ICT Affairs Adviser Sajeeb Wazed Joy has said Bangladesh should further open up its economy for more foreign investments.
Dutch Queen Maxima on Wednesday expressed her country’s interest to help Bangladesh in digitisation of the retail payment system.
Liquidation is the process of bringing a business to an end and distributing its assets to claimants. It usually occurs when a company is insolvent, meaning it cannot meet its payment obligation when due.
The country's export earnings reached an all-time high of US$ 40.53 billion in the just concluded fiscal year (FY), 2018-19, registering a 10.55 per cent growth over that of the previous fiscal, according to official data.
Development activities in the public sector are being hampered due to non-effectiveness of the government's order to merge administration and economic cadres of the Bangladesh Civil Service (BCS), insiders opined on Saturday.
As the government spending is growing, failure in meeting the revenue targets could put Bangladesh into a debt trap, economists warned on Sunday.
A free trade agreement (FTA) among the BIMSTEC countries may be signed this year, a top official of the regional grouping said on Tuesday.
The flow of remittances grew by 9.65 per cent to a record US$16.42 billion in the just-concluded fiscal year (FY) as the exchange rate of local currency weakened against the US dollar.
Bangladesh is projected to lose productivity equivalent to 3.83 million full-time jobs in the year 2030 due to rise in heat stress caused by global warming, according to a latest report.
Nikkei Asian Review in a news article said that the new Value Added Tax (VAT) system in Bangladesh has confused both the consumers and businesses.
The National Board of Revenue (NBR) has exempted Value Added Tax (VAT) and Supplementary Duty (SD) on import of raw materials for producing sanitary napkin and diaper in a bid to make their prices affordable.
The new value added tax (VAT) law has finally taken effect from the first day of the new financial year, 2019-20.
Prime Minister Sheikh Hasina today joined a post-budget dinner hosted by Finance Minister AHM Mustafa Kamal at Bangabandhu International Conference Centre here.
Parliament on Sunday passed the Tk 5,23,190 crore national budget for the fiscal year 2019-20, themed as ‘Bangladesh on a Pathway to Prosperity: Time is Ours, Time for Bangladesh’.
The Finance Bill 2019 was passed unanimously in Parliament today with some changes in the capital market, VAT and handloom (taant) industry.
Finance Minister AHM Mustafa Kamal has said Bangladesh would not implement budget with the bank loan by 2030 and the country will provide loan to other countries.
The Export Promotion Bureau (EPB) has proposed setting a US$ 44.40 billion export target for fiscal year (FY) 2019-20, officials have said.
The real benefit of social business can be reaped, when it overtakes the traditional way of doing business.
The proposed rise in source tax on yields from national savings tools has prompted investors in large numbers to draw profits before June 30 next to avoid higher taxation.
