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    BGMEA chief confident govt will change proposed RMG taxes

    Staff Correspondent | Updated at 07:52pm on June 09, 2018

    Bangladesh Garment Manufacturers and Exporters Association on Saturday demanded reduced corporate tax at 10 per cent from the proposed 15 per cent and withdrawal of the source tax for the next three years....

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    E-commerce entrepreneurs seek tax holiday

    Staff Correspondent | Updated at 02:42pm on June 09, 2018

    E-commerce Association Bangladesh on Saturday demanded a tax holiday for the sector for five to ten years. The association at a news conference at...

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    BGAPMEA, AMTOB demand corporate tax cut

    Staff Correspondent | Updated at 12:10am on June 09, 2018

    The Association of Mobile Telecom Operators of Bangladesh and the Bangladesh Garments Accessories and Packaging Manufacturers and Exporters Association on Friday demanded a reduction of corporate tax for their respective sectors...

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    Govt scraps multi-layer taxation on dividend income

    Staff Correspondent | Updated at 12:10am on June 09, 2018

    The government has scrapped the multi-layer taxation on dividend income in the proposed national budget for the fiscal year of 2018-19. According to the proposed financial bill, companies are waived to pay tax on the taxed dividend income after its distribution to the shareholding resident companies....

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    Price of broiler chicken goes up, other commodites remain dear

    Staff Correspondent | Updated at 12:10am on June 09, 2018

    The price of broiler chicken went up and the prices of most of the other commodities remained high in the city’s kitchen markets over the week ending Friday....

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    FICCI demands corporate tax cut for all sectors

    Staff Correspondent | Updated at 12:10am on June 09, 2018

    The Foreign Investors’ Chamber of Commerce and Industry on Friday demanded reduction of the corporate tax rate for all sectors as offered for banks and financial institutions....

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    Banking sector’s growth slows in FY18

    Staff Correspondent | Updated at 12:10am on June 09, 2018

    Growth of the country’s banking sector have declined by 1.22 percentage points in the outgoing fiscal year 2017-2018 amid series of scams in the banking sector with growing number of non-performing loans....

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    Proposed budget lacks sensitivity to macro stresses: CPD

    Staff Correspondent | Updated at 12:10am on June 09, 2018

    The Centre for Policy Dialogue on Friday said that the proposed budget lacked sensitivity towards existing and emerging macro stresses such as pressure on balance of payment and exchange rate and inflationary expectations....

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    Tax break extended for local mobile phone makers

    Staff Correspondent | Updated at 12:05am on June 08, 2018

    Finance minister AMA Muhith on Thursday proposed imposing 2 per cent surcharge on imports of mobile handset and reducing import duty on raw materials for handset manufacturing in the national budget for 2018-19 fiscal....

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    Budget waives VAT on local motorcycle industries

    Staff Correspondent | Updated at 12:05am on June 08, 2018

    The government has proposed value-added tax exemption and more duty benefits for the local motorcycle industries in the national budget for the fiscal year of 2018-19....

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