Staff Reporter : The aspiration of home ownership for the middle class is becoming increasingly unattainable due to the exorbitant prices of key construction materials, rising registration fees, and heightened import duties and taxes...
Al Amin : Despite concerns expressed by government monitoring wing, graft watchdog and experts, Coal Power Generation Company Bangladesh Limited (CPGCBL) has allegedly been hell-bent in awarding work to an unqualified company for supplying...
Business Report : The inflation and GDP growth targets set in the proposed budget for the fiscal year 2024-25 are not realistic, the South Asian Network on Economic Modeling (Sanem) has said. “Reducing inflation...
Staff Reporter : Former Bangladesh Bank governor Atiur Rahman has condemned the proposal to levy a 15 percent tax on legalizing black money, calling it morally unacceptable. He emphasized that the highest tax rate...
Staff Reporter : Finance Minister Abul Hassan Mahmood Ali stated on Friday that the government will continue its contractionary policies to control inflation, which is expected to decrease by the end of this year....
Staff Reporter : A crisis management national budget is unveiled for the fiscal year 2024–25 as the country is passing through macro-economic instability, including an ever-depleting forex reserve, increasing interest payments, low export earnings,...
Business Report : The government plans to impose capital gains tax on the stock market investors from the next fiscal year that is another blow on them. General investors will be charged 15 percent...
Al Amin : Finance Minister Abul Hassan Mahmood Ali is set to place a possible Tk7,97,000 crore national budget for the next fiscal year (2024-25) in The Parliament today (Thursday) amid the growing challenges...
Staff Reporter : Bangladesh’s export receipts recorded a significant year-on-year negative growth of 16.06 percent in May, signaling a slowdown in overall export growth for the fiscal year 2023-24 and posing challenges to bolstering...
Business Report : Depositors who put their funds in offshore banking units of banks may see an exemption from excise duty payment on their foreign currency deposits in the coming FY25. The government plans...
Al Amin : The government has extended tax exemption benefits for 19 sub-sectors of the information technology (IT) industry for another three years. However, the companies must now conduct all their financial transactions through...
News Desk : India’s Prime Minister Narendra Modi claimed election victory for his party and its allies on Tuesday (Jun 4), but the opposition said they had “punished” the ruling party by confounding predictions...
