Corporate

Staff Correspondent: The government has taken the initiative of strict monitoring to control the abnormal price increase of onion. District administrators have been given the responsibility of market maintenance in the district. Also, the officers of Consumer Rights Protection Department will also be in the field. They will ensure sale…

Zarif Mahmud: One of the driving forces of public life is the skyrocketing price of electricity and gas. A large part of the country’s economy is controlled by these two affiliates. With this, the import of capital equipment is almost at a standstill due to the dollar crisis for a…

NBR investigation unvailed Staff Correspondent: Four mobile phone operators – Grameenphone, Robi, Banglalink and Airtel – have been given illegal VAT benefits of around Tk 153 crore by the collecting agency VAT LTU (Large Taxpayer Unit). Interest of Tk 152.80 crore was levied on the companies for failing to pay…

Staff Correspondent: Earlier there was no liability on foreign ‘back to back’ LCs for import of raw materials for the export sector. Due to not being able to pay the liabilities on time in this sector since the time of Corona, there is arrears. As of last June, the outstanding…

Impact of global political crisis Staff Correspondent: Other import including industrial raw materials are less, strictness in development projects, withdrawal of duty on consumer goods are the main reasons.The government has taken a policy decision to cut Tk 33,900 crore from the revenue target in the budget for the current…

Staff Correspondent: The gross domestic product (GDP) growth and inflation targets in the budget for the current financial year 2023-24 are being revised. Considering the current economic situation of the country, the GDP growth target may be reduced to 6.5 percent. This target in the budget was 7.5 percent.On the…

Drive to hunt new taxpayers Mahfuz Emran: The per capita income of the people of the country has increased. Once upon a time, the rich used to rush to the city market to shop. The most capable people ran abroad. However, with the increase in economic activity in the country,…

Staff Correspondent: Transparency International Bangladesh said that the 10th general election held on January 5, 2014, was neither participatory nor contested as the main opposition party boycotted it.As a result, ruling Awami League formed the government with overwhelming majority and it became the center of power in Parliament, TIB said…

Staff Correspondent: Flour prices have increased in the wholesale and retail markets. In a span of two weeks, the price of flour has increased by a maximum of Tk 10 per kg and Atta by a maximum of Tk 6 per kg.Consumer goods marketing companies say that the increase in…