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    NBR starts creating online database of income taxpayers

    Jasim Uddin | Updated at 12:01am on December 29, 2016

    The National Board of Revenue has started uploading of all income tax returns’ information in its online return filing system to create a digital profile of all taxpayers...

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    Net NSCs sales exceed FY target in 5 months, soar to Tk 20,000cr

    AKM Zamir Uddin | Updated at 11:41pm on December 28, 2016

    The net investment in national savings certificates and bonds skyrocketed to Tk 20,319 crore in just five months of the financial year 2016-17, surpassing its annual target of Tk 19,610 crore, as clients invested heavily in the savings tools due to lack of investment opportunities...

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    Fights, disturbances shut down malls across US

    Reuters . Milwaukee/ Washington, DC | Updated at 11:41pm on December 27, 2016

    Fights, disturbances and false reports of gunfire caused chaotic scenes and shut down several malls across the United States on Monday during the typically busy post-Christmas shopping day....

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    Global industry reels as cash ban hits India diamond hub

    Reuters . Surat, India/ Toronto | Updated at 11:37pm on December 27, 2016

    The global diamond industry is facing disruption that could stretch through the first few months of next year, including Valentine’s Day in February, as a result of Indian prime minister Narendra Modi’s radical move to abolish most of the nation’s cash overnight...

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    Indian woman finds Rs 100cr in bank account, approaches Modi’s office

    Business Desk | Updated at 11:35pm on December 27, 2016

    Shocked to find nearly Rs 100 crore in her Jan Dhan account, a bank account opened with zero balance, in a Meerut branch of a state-run bank, a woman on Monday sought the India’s PMO intervention after the bank officials did not attend to her complaint and kept asking her to come some other time, reports Times of India...

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    DSE index marches past 5,000-pt mark

    Staff Correspondent | Updated at 11:30pm on December 27, 2016

    The bull run of Dhaka Stock Exchange continued for the third trading session on Tuesday with its the key index, DSEX, exceeding 5,000-point mark for the first time in 25 and a half months amid unusual rise in share prices of a number of companies...

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    NBR to ‘get tough’ to realise Tk 32,876cr from four gas cos, BPC

    Staff Correspondent | Updated at 11:25pm on December 27, 2016

    The National Board of Revenue on Tuesday asked its two field offices to take ‘final steps’ to realise Tk 32,876 crore in outstanding revenues from state-owned four gas companies and Bangladesh Petroleum Corporation...

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    Govt to give fresh fund to BASIC Bank, says Muhith

    Staff Correspondent | Updated at 11:20pm on December 27, 2016

    The government is going to provide BASIC Bank with fresh fund again to keep it alive, finance minister AMA Muhith said in Dhaka on Tuesday...

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    NBR asks int’l orgs to surrender passbooks of 395 staff by Jan 31

    Jasim Uddin | Updated at 11:13pm on December 27, 2016

    The National Board of Revenue has given a January 31 ultimatum to the international organisations and development partners to either renew or surrender the customs passbooks the NBR issued to their 395 non-Bangladeshi staff who left the country without disposing of durable goods including motor cars imported under duty-free benefits...

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    India eyes housing assets in drive against graft

    Reuters . New Delhi | Updated at 01:52am on December 27, 2016

    Prime minister Narendra Modi has quietly plugged a tax loophole used by the wealthy to buy real estate in someone else’s name as part of his campaign against corruption, a senior tax official said on Monday...