Mindshare Bangladesh wins original media innovation award
Mindshare Bangladesh has won 鈥極riginal Media Innovation of the Year鈥� award, said a press release...
Tags : Vat
Cat trapped in beam under Dhaka elevated expressway rescued after 11-hour effort
After around 11 and a half hours of effort on Sunday, the Dhaka North City Corporation rescued a cat that was trapped in a beam under the Dhaka Elevated Expressway, right above the Mohakhali Flyover in Dhaka.
NBR clarifies instructions on VAT cut on supershop purchases
The National Board of Revenue, in an instruction issued on Tuesday, clarified that supershops selling goods at the maximum retail price cannot charge an additional value added tax from their customers as the VAT will be included in the retail prices or MRP...
Dhaka traffic: causes, effects and solution
DHAKA is not just the country鈥檚 economic and administrative hub but also one of the most densely populated cities in the world. Unfortunately, one of its most persistent and frustrating problems is severe traffic congestion, which affects millions of residents daily. With a population exceeding 20 million and a road infrastructure woefully inadequate for such a large...
Urgent fix needed for economic woes
Dr Fahmida Khatun expressed her disappointment over the decision to increase the Value Added Tax (VAT) rate and impose additional supplementary duties on more than 100 products by the interim government, just six months after it assumed power following the fall of the Awami League regime, which crumbled like ninepins in the face of a mass uprising in August last year...
Pope Francis marks week in hospital amid questions over future
Pope Francis marked a week in hospital with pneumonia Friday, as speculation grew over the 88-year-old鈥檚 ability to continue leading the Catholic Church.
Imported fruit prices surge by up to Tk 100 per kg ahead of Ramadan
The prices of imported fruits have surged by Tk30 to Tk100 per kilogram following the imposition of higher supplementary duties on all types of imported fruits since 9 January 2025.
No VAT on purchase at supershops
Customers will no longer have to pay value added tax for purchases at supershops...
Govt to formulate policy on tobacco cultivation: Adviser
Fisheries and livestock adviser Farida Akhter on Monday said that the government was working to formulate a policy for controlling the production and cultivation of tobacco...
Palestinians must 鈥榮tay on their land鈥�: Vatican
A top Vatican official on Thursday rejected US President Donald Trump鈥檚 proposal to move Palestinians from Gaza, saying 鈥榯he Palestinian population must remain on its land鈥�....
Pope Francis hospitalised with bronchitis
Pope Francis was admitted to hospital in Rome on Friday for tests and treatment for bronchitis, the Vatican announced....
NBR expands VAT net by 26pc in Aug-Jan
National Board of Revenue has achieved a 26 per cent growth in new VAT registrations over the past six months, from August 2024 to January 2025, according to a press statement by the NBR...
Dhaka Chamber demands a simplified Tax, VAT system
Dhaka Chamber of Commerce and Industry (DCCI) President Taskeen Ahmed stressed the need for simplifying the tax and VAT system, also simplifying the system according to the size, nature, and capacity of the businesses by removing complexity and bottlenecks in the import-export procedures and fixing a realistic VAT rate...
Vehicles to be sued for speeding on elevated expressway from Feb 21
The Dhaka Metropolitan Police will start filing video cases against those vehicles that cross speed of 100-kilometre per hour on the Dhaka Elevated Expressway for speeding from February 21.
POND EXCAVATION IN AGRICULTURAL LAND: Customs excise, VAT commissionerate鈥檚 wife sued
An upazila land official in Rajshahi filed a case against two people, including Musfika Akter Mim, wife of customs excise and VAT commissionerate, Khulna鈥檚 deputy commissioner Md Abul Kalam Azad, for illegally excavating a pond on triple cropping land...
Gazette issued on VAT exemption on foreign doctors鈥� fees
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...
UGC to establish cell to protect intellectual property rights in research, innovation
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...
Green steel plant built under JICA fund
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...
VAT increase: burden on middle class
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...
CPD for closing sick banks, FID
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...
Farmers block highway demanding withdrawal of increased VAT
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...
Private univ students demand justice for July-August massacre
Students from different private universities held a rally in Dhaka on Friday, demanding justice for the massacre in the July-August mass uprising.
US keen to expand cooperation in private sector
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...
NBR re-fixes VAT rates on different goods, services
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 named among top 10 brands at CES
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....
Enhanced VAT, SD to affect cigarette market: BAT
Stakeholders expressed apprehension that the sudden hike in VAT and SD would spur consumer prices, dampen demand and ultimately affect the government revenue...
BNP demands withdrawal of addl VAT, SD
The Bangladesh Nationalist Party on Saturday demanded immediate withdrawal of value added tax and supplementary duty increased on more than 100 products.
Businesses can enter LatAm market thru Brazil: Brazilian diplomat
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 strongly criticises 鈥榠nconsiderate鈥� VAT hike by government
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�...
Govt reviewing VAT on essentials: Salehuddin
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...
