The government should continue providing assistance to the people hit by the Covid-19 even if the health risk brought on by the pandemic gets diminished, said Debapriya Bhattacharya, convenor at Citizen’s Platform for SDGs, Bangladesh. “The economic implication of the pandemic will last longer than the health crisis.” For example, …
Read More »Five more services added to Bida OSS portal
The Bangladesh Investment Development Authority (Bida) has added five more services to its One Stop Service (OSS) platform, taking the tally of investment-related services provided by the online portal up to 56. Md Sirazul Islam, executive chairman of Bida, launched the services at the organisation’s conference room yesterday. While addressing …
Read More »SMEs need special policy
Sustaining small and medium enterprises (SME) requires special policy support as a lack of close ties with banks is depriving these small-scale traders of benefits of the government’s stimulus packages, said FBCCI President Md Jashim Uddin yesterday. The focus is due because the SME sector is considered to be the …
Read More »PM inaugurates National SME Fair 2021; 60% participants women
Prime Minister Sheikh Hasina today inaugurated the ninth National Small and Medium Enterprises (SME) Fair 2021 in Dhaka with the aim of promoting entrepreneurs and expanding the market through diversification of products. The PM opened the eight-day fair at Bangabandhu International Conference Centre (BICC), joining virtually from her official residence …
Read More »Steps against money launderers to be made public soon
Finance Minister AHM Mustafa Kamal yesterday said the media would soon be informed about measures the government has taken against culprits who laundered money abroad in the past two to three years. The government is taking legal steps and the culprits are being punished through legal procedures, he told a …
Read More »NBR extends tax return submission deadline up to Dec 31
The National Board of Revenue (NBR) extended the deadline for submission of income tax returns by another one month up to December 31. The NBR has taken the decision following request from the various concerned stakeholders, said Sayed A Momen, Director, Public Relations of the Revenue Board while talking to …
Read More »NBR should focus on widening tax net: stakeholders
The National Board of Revenue should focus on adoption of automation systems and coordinating with other entities to widen the tax net at the root level to boost revenue generation and minimise the tax burden for regular taxpayers, said stakeholders. They made the remarks at an event arranged by the …
Read More »Business revival lifts credit growth to 13-month high
Private sector credit growth in Bangladesh accelerated to 9.44 per cent in October, the highest in 13 months as the economy is running in full swing, shaking off coronavirus fallout. The containment of the second wave of virus infections has largely encouraged businesses to go for expansion, bankers say. The …
Read More »Hassle-free online NITA system emphasised
There is an urgent need for addressing the existing barriers to attract more local and foreign investors for the sake of further development of the country’s stock market. Besides, more participation of institutional investors should be ensured along with popularising mutual funds to avert possible volatilities in the stock market. …
Read More »Half TIN holders may miss deadline to submit tax returns
At least half the country’s TIN holders are likely to miss the November 30 deadline to submit their tax returns amid experts’ call to the National Board of Revenue (NBR) to go for bolder and people-friendly tax collection campaign. Speaking on condition of anonymity a senior NBR official told UNB …
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