Md Asaduz Zaman
Reporter at The Daily Star, covering economics, planning and agriculture sectors in Bangladesh.
Reporter at The Daily Star, covering economics, planning and agriculture sectors in Bangladesh.
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.
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.
The National Board of Revenue will likely propose reducing the tax on corporate profits by 2.5 percentage points for both listed and non-listed companies.
Moreover, further setbacks are posed by Malaysia's decision to freeze new foreign worker recruitment in March as well as Oman suspending the issuance of visas to Bangladeshi citizens at the end of 2023 due to an oversupply of workers from the South Asian nation.
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.
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.
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.
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.
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.
The National Board of Revenue will likely propose reducing the tax on corporate profits by 2.5 percentage points for both listed and non-listed companies.
Moreover, further setbacks are posed by Malaysia's decision to freeze new foreign worker recruitment in March as well as Oman suspending the issuance of visas to Bangladeshi citizens at the end of 2023 due to an oversupply of workers from the South Asian nation.
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.
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.
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.
Plastic money transactions fell 4.77% to Tk 3,057 crore
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.
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.