Bangladesh
Bangladesh
Listed firms may face 2.5pc addt’l corporate tax in FY25
Staff Correspondent: Companies listed on the capital market are expected to face an additional 2.5% corporate tax in the next fiscal year unless they adopt cashless transactions – as the government plans to promote a cashless society.Currently, listed companies with more than 10% free float shares in the capital market…
Read More »ICJ orders Israel to halt assault on Gaza’s Rafah
Industry Desk: Judges at the top United Nations court ordered Israel on Friday to halt its military assault on the southern Gaza city of Rafah, in a landmark emergency ruling on South Africa’s case accusing Israel of genocide.Reading out the ruling by the International Court of Justice or World Court,…
Read More »Govt expects 21m cft gas from Kailashtila gas well-8 per day
Staff Correspondent: The government expects that natural gas from Kailashtila gas well-8 will be added to the national grid shortly.The primary gas reserve at Kailashtila gas well-8 is 25-40 billion cubic feet (cft) at Horizon-4 layer, which was added to the reserve. The price of the gas is Tk. 1620…
Read More »Thousands caught in online job scams
Billions of taka siphoned Staff Correspondent: “Earn Tk 3,000 a day at home” – almost thousands of people in Bangladesh have been cheated by the lure of such an attractive job. The number of people who have become destitute after collecting large sums of money is not less than a…
Read More »Govt measures to boost economy add pressure on citizens
Special Correspondent: The economic measures implemented by the government to stimulate the economy have inadvertently increased the burden on the general population. Common people are expressing their frustrations at local markets, as commodity prices have surged. For the past two years, inflation has hovered around 10 percent, according to official…
Read More »Banks fail to provide money as per demand
Zarif Mahmud: Due to weakness, the banking sector has lost the ability to provide money according to the needs of the economy. Along with the dollar crisis, the money crisis is also increasing in the banks. As a result, banks are not able to provide loans to entrepreneurs of the…
Read More »Black money to be whitened with 15pc tax
Budget for FY 2024-25 Mahfuz Emran : The opportunity to display black money in the individual sector is being given again. Under the new rules, black money can be turned into white without question by paying only 15 percent tax. This information is known from responsible sources.In the budget of…
Read More »Will budget reflect public expectations?
Enayet Karim: Due to various reasons, the increase in the price of goods has brought a new life style among the common people. In such a situation, the government is giving a budget of Tk 8 lakh crore for the next financial year (2024-25). If everything goes well, Finance Minister…
Read More »AL MP killed in Kolkata for his alleged involvement with Tk 4,000 cr gold smuggling
Industry Desk: Murdered Bangladesh Awami League MP Anwarul Azim Anar, whose chopped up body was found by the Kolkata Police in a New Town flat earlier yesterday morning, had allegedly ‘gobbled up’ almost Taka 4,000 crore linked to an elaborate cross-border gold smuggling and hundi racket, investigations by law enforcement…
Read More »ADP overburdened with 3,000 projects
Zarif Mahmud: As the financial crisis was prolonged, the size of ADP was not increased much. In the next financial year (2024-25) budget, the annual development program (ADP) has increased by only Tk 2,000 crore compared to the last financial year. But the development project could not be reined. In…
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Hotels to be converted for Covid hospitals
Hospitals overwhelmed Staff Correspondent: The government is going to rent hotels for providing treatment …
