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Sotheby’s to sell late owner’s $500m art

Works by Modigliani, Picasso and Thomas Gainsborough, owned by the former owner of Sotheby's, are to be sold by the auction house later this year.
Exporters to pay 0.6pc tax at source

Exporters including apparel manufacturers will have to pay 0.6 percent tax at source on their income from exports from the upcoming fiscal year, as the government reduced the rate from the proposed 1 percent.
Export tax rises to 1pc

Finance Minister AMA Muhith in his budget speech proposes an increase of tax at source for all export sectors to 1 percent.
Income tax ceiling now Tk 2.5 lakh

Finance Minister AMA Muhith proposes increasing the ceiling of tax-free income to Tk 2.50 lakh from Tk 2.20 lakh.
Muhith unveils Tk 2.95 lakh crore budget

Finance minister is unveiling the budget for 2015-16 fiscal – what is believed to be a jumbo size of around Tk 295,100 crore.
Capitol lockdown ends after man shoots himself

A temporary security lockdown at the US Capitol comes to an end after a man shot himself dead in front of the complex on Saturday, police said.