News

The National Board of Revenue (NBR) is likely to impose a higher rate of tax on income from fish farming in the next budget if the earnings exceed a certain ceiling, officials said.

Bangladesh has failed to achieve its target to raise the share of renewable energy to the total power generation to 10 per cent by 2020 amid constraints of resources, technologies and policies.

The revenue board has also made it mandatory from next January to make e-payment for all customs duty against import and export invoices

Tour operators and transport service associates lauded the move, excited that they will finally be able to carry passengers to destinations

As Bangladesh strives to attract more FDI it may want to work harder with countries that are important investors globally while ensuring that those who already have a strong presence do not leave our shores

The market rebounded strongly on Monday, snapping a two-day losing streak, as investors put fresh bets on large-cap stocks amid extended trading hours.

Speakers at a programme on Sunday suggested framing a separate guideline and better coordination between the regulatory bodies and financial institutions to ensure credit flow to informal sectors.

The government may offer tax holiday facility to home appliance makers for 10 years in the national budget for the forthcoming fiscal year 2021-2022 to attract investments and facilitate import-substitute local industry in the country.

Microsoft Corporation has recently announced that it has helped over 30 million people in 249 countries and territories gain access to digital skills, of which over 60,000 of them are from Bangladesh.

The country’s SMEs and women entrepreneurs need special incentives in the next budget to overcome the damage caused by the Covid-19 pandemic