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Tags : VAT


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Pvt sector credit growth plunges to 7.66pc

Private sector credit growth in Bangladesh fell sharply to 7.66 per cent in November, the lowest in 41 months, intensifying challenges in the banking sector and the broader economy...

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VAT on 43 products, services to go up

The interim government has taken moves to increase value-added tax on 43 products and services such as clothes, restaurant bills, liquefied petroleum gas, air tickets, detergents and cigarette, which are feared to push up living costs further.

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Protection of parks from elevated expressway demanded

Urban planners and environmental activists at a human chain protested the construction of the Dhaka Elevated Expressway segment from Karwanbazar to Plassey Crossing, citing the destruction of Panthakunja Park and Hatirjheel lake in the capital...

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VAT on machinery for ship-recycling yards exempted

The government has exempted VAT, including advance tax, on importing capital machinery for ship-recycling yards to promote environmentally sustainable practices in line with global standards...

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Finance adviser hints at end to tax break

Finance adviser Salehuddin Ahmed on Tuesday said that the tax exception culture enjoyed by industries over the years was due largely to low domestic revenue generation...

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Pvt sector credit growth hits 41-month low

Private sector credit growth in Bangladesh dropped in October to 8.30 per cent, the lowest in 41 months, reflecting deepening challenges in the banking sector and the broader economy...

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Lack of awareness to cost farmers this season

Rajshahi farmers are set to face financial losses this year as they are applying three times more fertiliser than what is required due to lack of government initiatives to make people aware of the proper application of fertilisers...

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Soil: care for irreplaceable resource

SENEGALESE conservationist Baba Dioum at a meeting of the International Union for Conservation of Nature in New Delhi in 1968 said: ‘In the end, we will conserve only what we love; we will love only what we understand; and we will understand only what we are taught.’ If we accept the statement to be true, World Soil Day is of paramount importance in conserving soil, a non-renewable resource...

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No motorcycles, trailers on Ctg expressway

The Chattogram Development Authority is going to ban the movement of motorcycles and trailers on the elevated expressway between Lalkhan Bazar and Shah Amanat International Airport from...

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Pvt sector short-term foreign loans drop

The amount of private sector short-term foreign loans dropped to $10.72 billion in September, hitting its lowest in three years and six months amid slow business and increased repayments...

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Youth leading the way in climate action

AS THE world grapples with the escalating consequences of climate change, it has become clear that today’s youth are not only the most affected but also the most fervent advocates for change. Young people across the globe are stepping into critical roles as climate activists, leaders, innovators, and educators, determined to shape a sustainable...

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Vatican launches 3Zero Club in Rome named after Pope Francis, Prof Yunus

The spiritual leader of the Catholic Church Pope Francis and chief adviser of Bangladesh interim government professor Muhammad Yunus have jointly launched a ‘Pope Francis Yunus 3Zero Club’ in Rome in an effort to usher in a transformative and inclusive future for humanity...

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Pvt sector credit growth hits three-year low

Private sector credit growth in Bangladesh fell sharply in September, reaching a three-year low amid turmoil in the banking sector and broader economic challenges.

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