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    NBR forms taskforce to check compliance of tax deduction at source by govt agencies

    Jasim Uddin | Updated at 10:18pm on June 19, 2018

    The National Board of Revenue has formed a taskforce to check whether or not the government offices and autonomous bodies are complying with the relevant law in deducting tax at source and depositing the money to the government exchequer....

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    Minimum wage board for RMG workers at a crawl

    Staff Correspondent | Updated at 10:13pm on June 19, 2018

    Minimum wage board formed for reviewing wages of readymade garment workers is going slow in making recommendations for minimum rates of wages as the board held only one meeting in four and a half months since its formation....

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    Time extension for quota in IPOs for crash-affected investors sought again

    Staff Correspondent | Updated at 12:05am on June 19, 2018

    The Bangladesh Securities and Exchange Commission has requested the government to extend by one year more the deadline for quota facility in initial public offerings for the investors who were affected by the 2010-11 market crash....

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    Stocks down as sales of bank scrips resume

    Staff Correspondent | Updated at 12:05am on June 19, 2018

    Stocks dropped on Monday as the trading at the Dhaka Stock Exchange resumed after a five-day Eid-ul-Fitr vacation with investors going for selling shares, especially the banking stocks....

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    Rice prices go up after govt hikes import duty

    Staff Correspondent | Updated at 12:05am on June 19, 2018

    The prices of rice went up in the city’s wholesale markets following the announcement of budget for the financial year of 2018-19 as the government reinstated 28 per cent import duty on the staple in the budget....

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    Single licence for telcos’ 2G, 3G and 4G services likely

    HM Murtuza | Updated at 12:05am on June 19, 2018

    The Bangladesh Telecommunication Regulatory Commission has initiated a move to introduce a single-licence system for the mobile operators to offer 2G, 3G and 4G services with a view to reducing filing hassles....

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    Customs to get int’l passengers’ info in advance

    Jasim Uddin | Updated at 12:05am on June 19, 2018

    The government has incorporated a provision in the proposed Finance Bill-2018 to introduce sharing of international passengers’ information in advance with the country’s customs authority for checking transnational crimes like smuggling and movement of risky passengers....

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    Bangladesh, Japan sign Tk 15,326cr loan deals for 6 projects

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:05am on June 15, 2018

    The government of Japan will provide 200,371 million Japanese yen (approximately Tk 15,326 crore or $1,831 million) for Bangladesh under its 39th Official Development Assistance (ODA) loan package for implementing six mega projects....

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    Call money rate before Eid holidays belies bankers’ liquidity crisis claim

    Staff Correspondent | Updated at 12:05am on June 15, 2018

    The call money rate remained within 3.75 per cent before the Eid-ul-Fitr holidays, the peak time for money transaction by clients to meet the expenditure for one of the biggest religious festivals of the Muslims....

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    All member factories paid workers wages, allowances, claims BGMEA

    Staff Correspondent | Updated at 12:05am on June 15, 2018

    The Bangladesh Garment Manufacturers and Exporters Association on Thursday claimed that all its member factories cleared workers’ wages for the month of May and festival allowances as per the rules ahead of Eid-ul-Fitr....

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