Real-Estate & Infrastructure

A development agreement was signed between Bangladesh Economic Zone Authority (BEZA) and Bangladesh Export Processing Zones Authority (BEPZA) to set up a ‘BEPZA Economic Zone’ in Bangabandhu Sheikh Mujib Shilpanagar (BSMSN).

Tech giants Google and Amazon acquired Business Identification Number from the National Board of Revenue last week to run their business in Bangladesh while ensuring value added tax compliance.

The National Board of Revenue has formulated customs rules to facilitate the movement of Indian goods via Bangladesh to northeast India and other countries under the transit and transhipment deal signed by New Delhi and Dhaka.    

Bangladesh Small and Cottage Industries Corporation (BSCIC) and Dream71 Bangladesh Limited today inked a deal to make an e-commerce platform for online market.

SME foundation has given priority to women and set a target of at least 30% loan disbursement for them from the second incentive package

The government is planning to offer a 10-year tax exemption for agricultural machinery manufacturing in order to encourage investment and support farmers’ growing appetite for machines to increase productivity and cut labour-shortage induced higher production costs.

upay, signed a Memorandum of Understanding (MoU) with the Ministry of Land facilitating the citizens of Bangladesh to pay different land related fees through upay.  Sydul Haque Khandker and Pradip Kumar Das, Additional Secretary (Development) of the Land Ministry signed the MoU on behalf of their respective organizations.

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.

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

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.