The government has issued a gazette exempting foreign doctors from paying Value Added Tax on the fees or consultation services they will provide to patients injured during the July-August uprising...
Member of the University Grants Commission of Bangladesh, Professor Masuma Habib, at a workshop in Dhaka on Tuesday said that the UGC would take initiatives to protect the intellectual property rights of university teachers in research and innovation...
An environment friendly steel plant of Bangladesh Steel Re-Rolling Mills Limited was built in Chattogram under the Private Sector Investment Finance scheme of Japan International Cooperation Agency...
A SIMPLE trip to the grocery store feels like a budgeting nightmare for the middle class. The recent increase in value-added tax and supplementary duty on over 100 items has triggered frustration and raised questions about whether the government is balancing its books at the expense of ordinary citizens...
The Centre for Policy Dialogue on Wednesday suggested closing down the private commercial banks which are now under life support and the finance ministry鈥檚 Financial Institutions Division for the division鈥檚 鈥榙ubious鈥� role in the financial sector...
Northern farmers on Wednesday staged a protest by dumping tomatoes on the Rajshahi-Dhaka Highway in Natore, demanding withdrawal of the increased value added tax and duty imposed on tomato and mango pulp...
Students from different private universities held a rally in Dhaka on Friday, demanding justice for the massacre in the July-August mass uprising.
Charge d鈥橝ffaires of the United States embassy to Bangladesh Tracey Ann Jacobson today expressed interest to expand cooperation for the development of the country鈥檚 private sector...
The National Board of Revenue has revised its tax policies, reducing value added tax and supplementary duty on several items and services, including mobile phone usage, broadband internet, medicine, ready-made clothes, restaurants, sweets, non-AC hotels, and motor workshops...
TECNO has been named as one of the 10 global smartphone brands of the year 2024-25 at the annual CES Global Top Brands Award and Product Innovation Awards, said a press release....
Stakeholders expressed apprehension that the sudden hike in VAT and SD would spur consumer prices, dampen demand and ultimately affect the government revenue...
The Bangladesh Nationalist Party on Saturday demanded immediate withdrawal of value added tax and supplementary duty increased on more than 100 products.
Deputy head of mission at the Brazilian embassy in Dhaka Leonardo de Oliveira Jannuzzi has said that Brazil could be a gateway in the future to connect Bangladeshi private sector businesspersons with Latin American markets...
Debapriya Bhattacharya, who led the committee that prepared the White Paper on the state of Bangladesh鈥檚 economy, on Saturday strongly criticised the interim government for increasing value-added tax 鈥榠nconsiderately鈥�...
Finance adviser Salehuddin Ahmed on Thursday said that the government was reviewing the issue of VAT rates, increased recently on some essential items and sectors like medicine and restaurants, as those affect the common people...
The Bangladesh Agro Processors Association has called on the government to withdraw the increased VAT and taxes on processed food products and cancel the proposed gas price hike within seven days...
The recent decision of the interim government to expand the VAT net and hike VAT rates at the behest of the International Monetary Fund has justifiably attracted harsh criticisms from all quarters. This is the worst decision of the interim government since its inception following the overthrow of the autocratic regime of Sheikh Hasina and is hence bound...
The price of liquefied petroleum gas has been slightly raised following a change in the structure of the value-added tax by the National Board of Revenue, according to the Bangladesh Energy Regulatory Commission...
The Democratic Student Alliance, a combine of seven student wings of left leaning political parties, on Tuesday held a protest march towards the chief adviser鈥檚 office, pressing for a five-point demand, including the withdrawal of the Value Added Tax recently imposed on over 100 commodities...
Leaders of the Communist Party of Bangladesh and Socialist Party of Bangladesh on Monday at separate rallies in Dhaka called on the interim government to refrain from imposing increased value-added tax and supplementary duty on more than 100 commodities...
The Foreign Investors鈥� Chambers of Commerce and Industry has expressed deep concern over the recent decision to increase VAT and supplementary duty on a range of products without prior consultation with key stakeholders...
THE increase in taxes on more than a hundred products has sparked widespread concern among the public. At a time when inflation is soaring and economic conditions are worsening, the increase has further strained the financial capability of ordinary citizens. This increase, which predominantly affects essential goods and services, will undoubtedly...
The Consumers Association of Bangladesh has urged the government to withdraw its recent decision to increase VAT and supplementary duties on over 100 essential goods and services, citing its potential to exacerbate inflation and intensify public suffering...
The Bangladesh Mobile Phone Consumers Association during a demonstration on Sunday said that the telecommunications sector would face severe crisis with imposition of new tariffs on mobile phone calls and internet services...
Different political parties, including Bangladesh Nationalist Party and Nagarik Oikya, and a political platform on Saturday demanded that the interim government refrain from imposing increased value-added tax and...
Economists and a consumer rights body have criticised the rise in the value-added tax and supplementary duty on more than 100 products and services midway of the current financial year, saying...
Bangladesh Restaurant Owners Association has threatened that they will go on strike unless the government reconsiders its plan to increase Value Added Tax on hotels and restaurants...
Pope Francis on Monday named the first woman to head a major Vatican office, appointing an Italian nun, Sister Simona Brambilla, to become prefect of the department responsible for all the Catholic Church鈥檚 religious orders.
The National Board of Revenue on Monday has extended the exemption period of the value added tax on metro rail tickets for one more year...
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...