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.
1d 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.
2d 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.
3d 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
December 22, 2023
Govt frames sustainable procurement policy
The government recently drew up its Sustainable Public Procurement (SPP) Policy 2023, facilitating the participation of small-and-medium enterprises (SMEs) and women-owned business enterprises (WBEs) in public tenders.
December 19, 2023
July-Nov ADP spending lowest in 8 years
Around 17.06 percent of the government’s annual development programme (ADP) for the current fiscal year of 2023-24wasimplemented in the first five months, the lowest in the past eight years.
December 15, 2023
Villagers grow food for all. But they end up paying more for it
People living in rural Bangladesh have witnessed more erosion in their purchasing power and well-being than the urbanites as the former are paying more for both food and non-food items
December 11, 2023
How much do the poor pay for rice? At least Tk 50 a kg
Rice price in Bangladesh is rising and the rate of coarse grain has crossed Tk 50 a kilogramme nearly after a year
December 9, 2023
Small initiative, big impact
For decades, Chattogram City Corporation has been struggling with waste management in the port city, the commercial capital and second-largest city in Bangladesh.
December 7, 2023
Workers' woes deepen as inflation outpaces wage growth for 22nd straight month
Wage growth remains below inflation rate as per BBS data , compelling many to cut consumption
November 26, 2023
Construction costs decline on falling prices of materials
Construction costs in Bangladesh declined for the second consecutive month in October, driven by a fall in the price of building materials, official figures showed.
November 24, 2023
GDP growth stands at 5.78% in Q4 of FY23
Bangladesh’s economy slowed in fiscal 2022-23 although growth bounced back to 5.78 percent by the end of the year’s fourth quarter, government data shows.
November 22, 2023
Evolution of Digitalization in Bangladesh’s Financial Sector
Bangladesh’s financial sector has undergone a paradigm shift, experiencing a surge in digitization over the last one-and-a-half decades, bringing millions under banking services that have even reached the village level.
November 17, 2023
Can Bangladesh exploit its under-utilised workforce?
Forhad Hossain has been looking for a permanent job since earning his master’s in management degree from Abdullah Al Mahmud Degree College in Sirajganj in 2019.
X