Despite the pandemic-induced slowdown, the government is set to place another challenging revenue target for the National Board of Revenue (NBR) for the 2021-22 fiscal.
Read More »Onion price shoots up to Tk 60 a kg
The price of local variety of onions witnessed a sharp rise on the kitchen markets in the capital Dhaka in the last two days and it reached Tk 60 a kilogram on Wednesday.
Read More »Stocks open sharply higher on budget hopes
The market opened sharply higher on Thursday as investors are putting fresh bets on stocks amid budgetary expectations.
Read More »Govt has an uphill battle ahead
The national budget for 2021-22 is being proposed today all the while the country’s economy faces some tough realities stemming from the pandemic’s second wave. The hardships demand a bigger social safety net, policy support and incentives for many industries, improvements in health and education and so on, according to …
Read More »Crude extends gains as recovery picks up but equities mixed
Oil prices extended their rally Wednesday on growing expectations for demand as the global economy recovers, though equity investors trod a more cautious line as inflation fears continue to cast a shadow over trading floors.
Read More »Businesses call for revisions to tax collection process
They suggested automated tax collection, incentivizing widening of tax net instead of revenue to prevent harassment by collectors
Read More »BEA places alternative budget of Tk17,38,716C
3.03% higher than the ongoing fiscal year
Read More »New hospitals likely to get 10-yr tax holiday
The government is likely to offer a complete tax holiday for the setting up of new hospitals for 10 years to attract new investments in the sector as the ongoing Covid outbreak has exposed the weaknesses of health services in the country.
Read More »RMG export recovery slow in non-traditional markets
Apparel export recovery in the non-traditional markets is slower compared with that in the traditional markets as the Covid pandemic has taken a heavy toll on the economies of Latin American countries and India.
Read More »Focus more on agriculture
The government should give importance to the agriculture sector, social safety net programmes, and job creation in the upcoming national budget in order to ensure food security and reduce the Covid-induced economic shock on the country’s new poor, according to experts.
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