Investors in hi-tech parks, EZs may lose tax benefits
Investors in the economic zones and hi-tech parks in Bangladesh may see an end to the zero-duty benefit on imports of capital machinery, components and construction materials next fiscal year.
16h ago
From mobile users to metro commuters, Bangladeshis to face more tax
Mobile phone calls and metro rail commutes among other daily activities may cost more in the next fiscal year as the government looks to increase taxes to boost its revenue collections.
1d ago
MPs may lose duty waiver for car imports
The National Board of Revenue seeks to impose 25 percent import duty on cars for lawmakers, reversing a practice of tax exemptions that amounted to Tk 5,147 crore over the last 15 years.
2d ago
Industries created more jobs amid slowdown. Economists find it puzzling
However, the findings raised questions among economists, who were puzzled by the growth at a time when the economy had been facing a slowdown due to high inflation, a downtrend in export growth, and falling imports.
1w ago
The invisible ones
Of the over 7 crore people employed in Bangladesh, 85 percent (nearly 6 crore) are vulnerable as they work in the informal sector, which lacks basic social and legal protection, and employment benefits.
2w ago
IMF prescribes ending tax exemptions
It recommended the National Board of Revenue (NBR) discontinue the tax holiday for the information and communication technology industry and abolish the tax benefit for mining and petroleum extracting companies.
2w ago
ADP spending picks up in July-March
Development spending rose 42.30 percent in the first nine months of the current fiscal year (FY) thanks to a higher execution rate in March following the national election.
3w ago
Tax receipts rise 15% in July-March, close to IMF target
Bolstered by rising value-added tax (VAT) collection and increased income tax receipts, the tax administrator logged Tk 259,866 crore in total revenue in the July-March period of the current fiscal year, according to the NBR’s provisional estimates.
3w ago
April 20, 2024
Traditional sweet-makers struggle to stay afloat
Almost 60 years ago, Kali Saha opened a small sweet shop in Savar’s Namabazar after gaining experience as an apprentice. Despite offering only roshgollas, curds, and chamchams, the name and fame of “Kali Saha Mistanno Bhandar’’ spread.
April 20, 2024
Sweet Success
On a warm March morning in front of a state-of-the-art facility in Gazipur, employees were found to be lining up at a large gate, designated as the entry point.
April 18, 2024
The cost-of-living crisis prolongs for wage workers
The cost-of-living crisis in Bangladesh appears to have caused more trouble for daily workers as their wage growth has been lower than the inflation rate for more than two years.
April 15, 2024
Credit card use slightly down in Feb
Plastic money transactions fell 4.77% to Tk 3,057 crore
March 31, 2024
Demographic dividend: How long can Bangladesh enjoy it?
The proportion of working-age people declined to 65.08 percent in 2023 from 66.58 percent in 2021, according to a survey of the Bangladesh Bureau of Statistics (BBS). A year before, the proportion was 65.67 percent.
March 26, 2024
Ageing in Bangladesh: Are we ready for more social spending?
The dependency ratio of the people who are over 65-plus years rose to 9.4 percent in 2023 from 8.6 percent in 2022.
March 21, 2024
ADP spending in Jul-Feb 14-year low
Spending under the annual development programme (ADP) has been going slow in the current fiscal year (FY), with implementing agencies using just 31.17 percent of the total allocation till February this year, showed official figures.
March 19, 2024
Farmers face moderate to severe food insecurity: BBS
One in every four households, or 26.13 percent, that rely on agriculture for their income face food insecurity
March 18, 2024
3.77cr suffered food insecurity last year
Around 3.77 crore people experienced moderate to severe food insecurity in 2023, according to a survey by Bangladesh Bureau of Statistics.
March 14, 2024
Govt may offer tax exemption for foreign research grants
The government is considering granting a tax exemption for foreign grants provided to local researchers in order to boost their activities and earn more foreign currency.
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