Experts have collectively noted that the government service holders, constitutional post holders and the judiciary are the highest beneficiaries of the current income tax law. They have noted this disparity as unconstitutional and urged reforms as all citizens are equal, hence, the laws must be equally implemented on all. The taxation experts expressed that the…

The closed Kazipara metro rail station will resume operations from tomorrow (20 September). Mohammad Abdur Rouf, managing director of Dhaka Mass Transit Company Limited (DMTCL) provided this information today (19 September). “The Kazipara Station will open from tomorrow. A total of Tk20.5 lakh has been spent to make it operational. However, it’s being opened quickly…

Noting that Bangladesh’s industry will reach new heights, Chief Adviser Dr. Muhammad Yunus said his government is determined to protecting factories from vandalism and attacks. He said this when a business delegation met Professor Yunus at state guesthouse Jamuna on Tuesday (September 3). Six business leaders met with the Chief Adviser of the Interim Government…

The National Board of Revenue (NBR) has scrapped the opportunity to whiten black money by paying 15 per cent tax. The NBR on Monday issued an SRO in this regard. The deposed Sheikh Hasina government in the last budget allowed black money to be whitened by buying immovable assets, including land, flats and plots, along…

Bangladesh Bank (BB) has announced a special facility for flood-affected farmers and CMSME (Cottage, Micro, Small and medium enterprises) entrepreneurs to repay the loan installments. In this case, August installments of short-term agriculture and CMSME sector term loans in these areas can be repaid over three months. The Banking Regulations and Policy Department (BRPD) of…