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    BGMEA says proposed budget not RMG sector friendly

    Staff Correspondent | Updated at 11:31pm on June 04, 2017

    The Bangladesh Garment Manufacturers and Exporters Association on Sunday said that the proposed budget was not RMG sector friendly, reiterating its demand for revoking tax at source for the sector for the next two years...

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    Auditor appointed to examine Sheba Phone’s claim against BTCL

    Staff Correspondent | Updated at 11:29pm on June 04, 2017

    The Bangladesh Telecommunication Regulatory Commission has appointed an auditor to examine Integrated Services Limited’s (Sheba Phone) long-pending claim worth around Tk 1,200 crore against state-owned Bangladesh Telecommunications Company Limited...

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    Tax returns submission under self-assessment relaxed

    Staff Correspondent | Updated at 11:26pm on June 04, 2017

    The government has relaxed the issues related to submission of income tax returns and making assessment under the universal self-assessment scheme, according to the budget proposal of the government for the next fiscal year...

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    Remittance rises after 10 months

    Staff Correspondent | Updated at 11:17pm on June 04, 2017

    The monthly inward remittance increased slightly year-on-year in May for the first time in 11 months as non-expatriate Bangladeshis sent more greenbacks in the month to their near and dear ones for the upcoming Eid-ul-Fitr....

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    Stocks inch up for 4th day amid mixed reaction to budget

    Staff Correspondent | Updated at 10:53pm on June 04, 2017

    Dhaka stocks edged higher for the fourth session on Sunday, the first trading session after the budget announcement, amid investors’ lack of enthusiasm on the trading floor as the stock market would hardly get any benefit from the budget....

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    Stocks gain for 2nd week on budget-centric euphoria

    Staff Correspondent | Updated at 10:51pm on June 03, 2017

    Dhaka stocks increased last week, the second week in a row, when the prices of bank and energy stocks surged as lower prices of the shares coupled with budget expectations augmented investors’ zeal for investment....

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    Mobile set importers for withdrawal of duties proposed in budget

    Staff Correspondent | Updated at 10:50pm on June 03, 2017

    The Bangladesh Mobile Phone Importers Association on Saturday urged the government to withdraw the additional duties imposed on mobile handset import in the proposed budget for the financial year 2017-2018....

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    Google moves to block ‘annoying’ ads in browser

    Agence France-Presse . Washington | Updated at 10:48pm on June 03, 2017

    Google is working to block ‘annoying’ ads in its Chrome browser, part of a broader effort by industry players to filter out certain types of marketing messages that draw complaints...

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    Growth in production of vegetables, crops doubles in FY17: data

    Staff Correspondent | Updated at 10:45pm on June 03, 2017

    The growth in the production of crops and vegetables has doubled in the outgoing fiscal year (2016-17) after a decreased growth in the FY 2015-16....

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    Garment accessories makers lament discrimination in corporate tax cut

    Staff Correspondent | Updated at 10:44pm on June 03, 2017

    Bangladesh Garments Accessories and Packaging Manufacturing and Exporter’s Association on Saturday requested the government to reduce the corporate tax for the sector to the same rate which is set for the apparel sector in the proposed budget for financial year 2017-2018...