Dhaka May 21, 2025, 12:47 am
The new fiscal measures might be incorporated in the FY2021-22 budget, aimed at ensuring financial transaction through formal channel
The government is considering imposition of the tax at a rate of 15 percent from FY 2021-22 if the income exceeds Tk 3.0 million following the abuse of the facility
Earlier, the NBR amended the VAT Act to provide direct VAT benefits to companies
The National Economic Council (NEC) last week approved a Tk 3,253.24 billion main Annual Development Programme (ADP) outlay for the 2021-22 fiscal
The problems relating to shipping of the clinkers and other raw materials are responsible for the price hike
Bangladesh’s per capita income is now $280 higher than India’s $1,947
The government takes budget support to meet budget deficit when domestic revenue collection remains low. The budget support is sometimes tagged with some economic or administrative reforms
Speakers at a webinar have stressed the need for digitizing the National Board of Revenue (NBR) as well as bringing necessary reforms in the VAT Act and in tax
As part of the move, all the aged population and widowed and abandoned women of 150 upazilas will get allowances in the next fiscal year while affected transport workers will get social protection and freedom fighters will ge
The eminent economist put emphasis on bringing digital solutions for the recovery of the people
The higher inflow of remittance has helped the country's central bank prop its foreign exchange reserves to a record high, supporting the current account balance that has posted a surplus of $1.56 billion in the first eight m
corporate tax rates for both listed and non-listed companies might be revised downward by 2.5 percentage points in FY 22
The Finance Minister said this virtually while responding to a question of a reporter after chairing two separate meetings on Cabinet Committee on Economic Affairs and the Cabinet Committee on Government Purchase (CCGP)
Planning Minister MA Mannan placed the statistics in the Cabinet meeting held with Prime Minister Sheikh Hasina in the chair
In line with that suggestion, they are urging the government to prioritize the social safety net, employment, small and medium enterprises (SMEs) as well as the health, education and agriculture sectors in the upcoming budget
Steps being mulled by the government include introduction of IBAIS++ digital platform for all ministries and bringing massive reform in the disbursement of funds
In a joint statement on Friday, initiated by Dhaka Ahsania Mission, 121 doctors said tobacco was involved in six of the eight leading causes of preventable death worldwide
They also called for bringing reforms in the taxation system to generate more revenue through widening the tax net
Forex reserve has increased due to inward remittance and downfall of import payment
The cabinet on Monday approved the draft of ‘Territorial Waters and Maritime Zones (Amendment) Act 2021’ aiming to establish Bangladesh’s sovereignty over its maritime boundary and assets and to facilitate search and extracti
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