Corporate
Corporate
Actual defaulted loans are more
Says Ahsan H. Mansoor Staff Correspondent: Policy Research Institute (PRI) executive director and prominent economist Ahsan H. Mansoor said that the actual non-performing loans of the country’s banking sector are more than the published accounts.Basically, Bangladesh Bank has to write off various categories of loans including foreclosure while complying with…
Read More »About 20 pc of budget never been implemented
Accounts of Ministry of Finance Zarif Mahmud: The finance minister presents the budget for the next financial year to the National Assembly in June every year. It was also passed in the same month. However, in the middle of the fiscal year, it can be seen that the implementation of…
Read More »Grameenphone seeks 850 band spectrums
Robi Banglalink Teletalk fearing loss Rabiul Haque: Grameenphone, the country’s largest operator by number of subscribers, has sought spectrum in the 850 band from BTRC. And this is the complication.Robi Banglalink and Teletalk fear, BTRC may allocate 10 MHz spectrum in 850 band to Grameenphone. Where Band-5 will be uplink-825…
Read More »Budget proposes 30 pctax on legal income
But black money to be whiten by 15pc tax Mahfuz Emran: The government has announced the budget for the fiscal year 2024-25 yesterday with the opportunity to whiten the undisclosed or illegally earned black money. The government will have to pay only 15 percent tax to make black money white…
Read More »Nation awaits Tk 7.97 tr budget
Big changes to be increased VAT-tax Enayet Karim: Order has not yet returned to the commodity market. The price of fish, meat, spices or rice and pulses is not affordable. Bangladesh Bureau of Statistics (BBS)’s latest updated estimates say that food price inflation in May was 10.76 percent, which was…
Read More »Tax-VAT pressure will be increased
Mahfuz Emran: The national budget for the next financial year is being announced on Thursday. To deal with the crisis in the economy, many changes are being made in the field of VAT and taxes to increase revenue in this budget. Tax exemptions will be lifted in some sectors to…
Read More »Budget must reduce inflationary pressure
Says Dr AB Mirza Azizul Islam Staff Correspondent: Prominent economist and former advisor to the caretaker government AB Mirza Azizul Islam said that the national budget for the upcoming fiscal year 2024-25 is coming at a time when the country’s economy is plunged into many crises. Macro economy is under…
Read More »Surge in cash demand after national polls
Special Correspondent: Elections typically trigger a rise in cash demand due to campaign activities and a general sense of uncertainty that prompts people to withdraw bank deposits. Ordinarily, this demand subsides post-election. However, following the recent national election, the demand for cash has not only persisted but has intensified. 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…
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