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Business

Capital gains tax over Tk 50 lakh set at 15%

Business —4 November, 2024 16:43

The National Board of Revenue (NBR) on Monday reduced the tax rate to 15 percent on capital gains above Taka 50 lakh from selling shares of listed companies…

Capital gains tax over Tk 50 lakh set at 15%

Bangladesh explores avenue to boost revenue collection

Bangladesh has significant potential for mobilising revenue…

Diesel, kerosene prices cut by 50 paisa for November

The government has reduced the retail prices of diesel and kerosene…

Rashidul new BASIS president, Sohel SVP

M Rashidul Hasan has become the new president and Mostafizur Rahman Sohel senior vice president of Bangladesh Association of Software and Information Services (BASIS).This development…

NBR upgrading system to international standards

The National Board of Revenue (NBR) has initiated steps towards data automation, aiming to implement an international-standard risk analysis system to better identify tax evaders. …

Govt approves LNG import, 4 other products

The government will import LNG, fertliser, soybean oil, sugar and chickpea to meet the local demands.Advisors Council Committee on Government Purchase (ACCGP) in a meeting, with Finance…

Stocks rebound after 4-day fall

Trading in the Dhaka Stock Exchange (DSE) rebounded on Tuesday, with all indexes closing higher as the prices of 312 companies rose after a four-day decline. The DSE saw increased…

Hasina-linked tycoons siphoned $17b from banks

Bangladesh Bank Governor Ahsan H Mansur has accused prominent business tycoons linked to the deposed Sheikh Hasina administration of colluding with the country’s military intelligence…

Expatriates remit $1.94b by Oct 26

Bangladesh is seeing a sharp rise in remittances, with citizens working abroad sending an average of $75 million daily in October, following the recent political transition. The latest…

DSEX falls below 5,000-mark

The Dhaka Stock Exchange (DSE) plunged to a record low on Sunday, closing with a 149.20-point drop as heightened selling pressure drove the DSE main index below the critical 5,000…

EU sees opportunities in Bangladesh's rapid renewable energy expansion

Ambassador of the European Union (EU) to Bangladesh Michael Miller has said there are many opportunities to work more on renewables in a country like Bangladesh which has a low amount…

BGMEA held meeting to prepare a fair voter list

A meeting of the support team to assist administrator to Bangladesh Garment Manufacturers and Exporters Association (BGMEA) was held on Saturday at the BGMEA Office in the city’s…

BB eases import rules for industrial establishments without LC

Bangladesh Bank has introduced new measures to simplify imports for industrial establishments, allowing them to proceed without a traditional letter of credit (LC) through a letter…

Prices of essentials now lower than last year's

Due to the steps taken by the interim government, the prices of essential commodities, including egg, fish, broiler chicken, atta (flour), beef, powder milk, sugar, tomato and…

NBR mandates e-return submission for govt employees

The National Board of Revenue on Wednesday issued an order to make online filing of income tax returns (e-Return) mandatory for government employees under the jurisdiction of income…

BB hikes policy rate to 10 percent

Bangladesh Bank has increased the policy or repo rate further by 50 basis points to 10 percent for containing inflation. It will be effective from October 27, the central bank…

New MDs for 10 public banks proposed

The Ministry of Finance has proposed the appointment of new managing directors (MDs) for 10 state-owned banks as part of ongoing reforms in the banking sector, officials announced…