Sohel Parvez

The government is likely to offer a tax break to the automobile, tyre and bicycle industries to promote growth and investment in the sectors, an official said yesterday.

Wheat imports in the 11 months to May have exceeded last year's total, boosted by increased demand for flour and wheat-based snacks as the grain is cheaper than rice, market operators said.

The government is likely to extend the tax exemption benefits for software development and information technology-enabled services (ITES) by another five years to encourage investment, said a senior official of the finance ministry.

The National Board of Revenue (NBR) is set to offer tax breaks to investors and developers of economic zones for a period of 10 years

Tax collection improved in March with economic activities regaining pace as the violent political situation gradually subsided.

The government should take special steps and effective measures to salvage indebted farmers who have suffered losses for failure to

As the dawn breaks, shanties surrounding the garment factories on the outskirts of the capital wake up. Within an hour or so, footpaths and streets swarm with young female workers marching towards their factories.

The food ministry has at last asked the National Board of Revenue to slap duty on rice imports in a last ditch move to arrest the downward spiral of prices of the grain and prevent farmers from racking up unsustainable losses.

The National Board of Revenue weighs the possibility of reintroducing property taxes to ensure a more equitable distribution of wealth and reduce economic disparity, a senior official of NBR said yesterday.

Bangladesh has at least 10,152 people with individual net wealth of more than Tk 2 crore, according to data compiled by the National Board of Revenue. But taxmen and analysts said the number of wealthy people and the amount of wealth shown by taxpayers should be higher from the viewpoint of property price spirals and the rise in the number of apartments and expensive cars.

To us Bangalees, hilsa isn't just a fish. It's an integral part of our culture and heritage. Be it fried or cooked with mustard, hilsa is a must in Pahela Baishakh celebration. But they aren't anymore safe in our rivers, home to world's 60pc hilsa. This four-part series focuses on the existential crisis, changing habitat and ways to conserve this mystique fish.

An ample supply due to higher domestic production and soaring imports have driven the prices of rice below last year's level and put

Taxpayers will have to explain the sources of their income while making a land purchase, said the National Board of Revenue.

New Delhi has agreed to Dhaka's proposal to include a provision in the bilateral trade agreement for transporting goods from

A team from Russia is likely to call in Bangladesh in the second week of April to assess the country's capacity of controlling plant

Bangladesh is likely to bag higher boro and wheat crops in 2015 than last year, thanks to increased plantation and higher yields, the

The National Board of Revenue has taken an initiative to develop contents for primary and high school students to educate them on the

A tax dispute has arisen between the National Board of Revenue and Nobel Laureate Prof Muhammad Yunus over gifting of earned

The Customs Bond Commissionerate of Dhaka has asked banks to open letters of credit in favour of active firms only.

Some 476 factories have vanished after taking tax and duty-free benefits under the bonded warehouse facility, costing the country