Who needs to file statement on living expenses?

The proposed income tax law has sought to make it mandatory for taxpayers in specific cases to add the statement of their living expenses with their tax returns.
9 June 2023, 04:00 AM

Clonal seedlings a new hope for the tea industry

Clonal tea seedlings, which are cloned from hybrid varieties of the plant, are helping develop the tea industry of Bangladesh by providing high yields of top-quality tea, according to growers.
9 June 2023, 02:30 AM

Incentivising internal migration can better calorie intake

A research experiment on providing temporary migration loans in Bangladesh saw a 22 percentage point rise in such movements from the rate of households already prone to adopting this mode of income. 
9 June 2023, 02:00 AM

Moody’s rating downgrade to impact foreign investment

Corporate and foreign investors may further lose interest in the stock market of Bangladesh as the country has dropped a notch in the Moody’s Investors Service rating system.
9 June 2023, 01:40 AM

Imports keep falling amid lingering dollar crisis

Bangladesh’s imports dropped 14.40 per cent year-on-year to $58.78 billion in July-April of the ongoing financial year, which might be seen as a relief for the volatile foreign exchange regime but it could also deal a blow to the economy, official figures showed yesterday. 
9 June 2023, 01:30 AM

Cold storages struggling to preserve potatoes for power cuts

Around 400 cold storages across Bangladesh are struggling to preserve and maintain the quality of vast quantities of potatoes for power cuts over the past two weeks.   
9 June 2023, 01:20 AM

Family’s grip to loosen, willful defaulters to face music

A maximum of three persons from a single family would be able to become directors of a commercial bank from the existing four, according to the Bank Company (Amendment) Bill 2023. 
9 June 2023, 01:10 AM

Benefit extension for consumer electronics ‘encouraging’

The extension of existing benefits for local consumer electronics industries through the proposed national budget is very encouraging, said Golam Murshed, managing director and chief executive officer of Walton Hi-Tech Industries, yesterday. 
8 June 2023, 18:00 PM

Incepta wins nat’l environment award

Incepta Pharmaceuticals Limited has won a “National Environment Award-2022” in an environmental protection and pollution control category for institutions. 
8 June 2023, 18:00 PM

Stocks close higher

All indices of the Dhaka and Chattogram bourses rose yesterday.
8 June 2023, 18:00 PM

Munshi seeks support from the Commonwealth for duty extension

Commerce Minister Tipu Munshi has sought support from his counterparts in the Commonwealth nations as the government looks to extend the preferential trade benefit for Bangladesh for six more years after the country’s graduation to a developing country.
8 June 2023, 18:00 PM

Nordic countries see potential in agro industries

Bangladesh can achieve food security, eradicate poverty, foster social equality and promote economic growth through responsible investment in agriculture and food systems, according to Agriculture Minister Muhammad Abdur Razzaque.
8 June 2023, 18:00 PM

Brac Bank to issue Tk 700 crore bond

Brac Bank Ltd has decided to issue bonds in order to raise up to Tk 700 crore to enhance its capital base.
8 June 2023, 18:00 PM

Shepherd Textile to merge with Shepherd Industries

Shepherd Textile (BD) Limited is going to merge with Shepherd Industries PLC with a view to cutting administrative expenses.   
8 June 2023, 18:00 PM

Driving tax revenue using technology

My son has his own studio and content creation platform where many influencers record their programmes. Last week, a very successful entrepreneur was interviewed. He explained that during the pandemic, he created an online marketplace that became highly successful.
8 June 2023, 18:00 PM

Who needs to file statement on living expenses?

The proposed income tax law has sought to make it mandatory for taxpayers in specific cases to add the statement of their living expenses with their tax returns.
8 June 2023, 15:53 PM

Draft bill: Max 3 of a family in a bank board

Not more than three of a family can hold posts of director at a bank's board, proposed a bill placed in parliament today
8 June 2023, 14:52 PM

Dhaka, Chattogram stocks rise

The DSEX, the benchmark index of the premier bourse in Bangladesh, gained 13 point, or 0.21 per cent, to 6,252 at 11:15 am.
8 June 2023, 07:58 AM

Who needs to file wealth statement?

The National Board of Revenue (NBR) is expected to place a new income tax bill in parliament today in an effort to modernise the direct tax system.
8 June 2023, 02:10 AM

ADN buying 10pc of Shohoj Ltd

ADN Telecom Limited is acquiring a 10 per cent share of online ticketing platform Shohoj Limited.
8 June 2023, 02:00 AM