Dr Muhammad Yunus has paid Taka 12,46,72,608 to the National Board of Revenue (NBR) as tax on donations after the Appellate Division of the Supreme Court ordered him to pay the amount after dismissing a leave-to-appeal in this regard. He paid this amount through a pay order (Deputy Commissioner of Taxes, Taxes Circle-287, Taxes Zone-14, … Read more
Bangladesh Bank (BB) has asked banks to bring down the number of directors from the same family to three. The Bank Company (Amendment) Act 2023, which was passed in parliament recently, specified that the number of directors from a single family can’t be more than three, according to a BB circular issued today. A maximum … Read more
The revenue collection by the National Board of Revenue (NBR) from VAT witnessed a 17 percent growth in the last fiscal year (FY23) fetching Taka 1,25,424 crore. The revenue collection from VAT by the revenue board in the previous fiscal year (FY22) was Taka 1,08,420 crore. In that consideration, the revenue collection from VAT in … Read more
The World Bank (WB) yesterday approved $300 million to help Bangladesh improve the efficiency of gas distribution and end-use through pre-paid metering systems for residential and industrial consumers and reduce methane emissions along the natural gas value chain. The Gas Sector Efficiency Improvement and Carbon Abatement Project will address natural gas leakage and losses along … Read more
The gold price climbed above the level of $2,000 per Troy ounce during the trading session at Comex for the first time since June 2 of this year, according to market data. The gold price had reached $2,000.4 per Troy ounce (up 0.43%) but then rolled back to $1,998 per Troy ounce, plus 0.35%. Silver … Read more
Stocks today witnessed upward trend as major indices of both Dhaka and Chittagong Stock Exchanges were found rising with higher activities of some large-cap securities. The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), inched up 13.96 points, or 0.22 per cent, to close at 6,338.77. The DS30, the blue-chip index, increased 3.26 … Read more
A US delegation is meeting with Bangladesh under the Trade and Investment Cooperation Forum Agreement (TICFA) in Dhaka today. Brendan Lynch, Assistant US Trade Representative for South and Central Asia (acting) will lead the US delegation. He expressed the United States’ position on trade and investment with Bangladesh. He was interviewed by Mahadi Hasan. Kaler … Read more
US Ambassador Peter Haas on Tuesday said the United States will be sending a pre-election assessment and monitoring team in early October to assess the situation ahead of Bangladesh’s next parliamentary election. Haas spoke to reporters after a meeting with Chief Election Commissioner Kazi Habibul Awal at the Election Commission office in Dhaka today. Peter … Read more
Nuclear fuel for the Rooppur nuclear power plant (RNPP) will arrive in the country in September, ROSATOM Director General (DG) Alexey Likhachev today said as he paid a courtesy call on Prime Minister Sheikh Hasina at her official residence Ganabhaban. “The work of RNPP has progressed overcoming hundreds of obstacles and nuclear fuel for this … Read more
The new US visa policy should be effective on BNP as they are trying to obstruct election through violence and anarchy, Awami League General Secretary Obaidul Quader has said. Under the policy, the US can impose “visa restrictions on individuals and their immediate family members if they are responsible for, or complicit in, undermining the … Read more
