Business


Tax free income ceiling remains at Tk 3.5 lakh

Business —6 June, 2024 18:24

The government has retained the tax-freeincome limit at Taka 3.5 lakh for individual taxpayers for the fiscal year(FY25). "I propose to keep the tax-free…

Tax free income ceiling remains at Tk 3.5 lakh

Telecommunication law to be reformed

The government is set to introduce a new telecom law that aligns…

Telecommunication law to be reformed
Budget FY25 to allow legalisation of untaxed money with 15% tax

In the face of an adverse economic environment, Finance Minister…

Budget FY25 to allow legalisation of untaxed money with 15% tax

Court rules Google must face £13.6bn advertising lawsuit

Court rules Google must face £13.6bn advertising lawsuit

Google must face a £13.6bn lawsuit alleging it has too much power over the online advertising market, a court has ruled. The case, brought by a group called Ad Tech Collective…

IMF loan conditions unmet as revenue target falls short interest payments surge

IMF loan conditions unmet as revenue target falls short interest payments surge

The International Monetary Fund (IMF) has extended credit support facilities with loan conditions, given the current economic situation. However, it's anticipated that the forthcoming…

Exports up 2% in July-May

Exports up 2% in July-May

The country's export earnings witnessed a 2.01 percent growth in the first eleven months from July to May of the current fiscal 2023-24 (FY24) raising the total volume to US$ 51.54…

Paris Hilton among users targeted in TikTok hack

Paris Hilton among users targeted in TikTok hack

  TikTok says it is addressing a cyber-attack that targeted brands and celebrities, including Paris Hilton and CNN. However, the video-sharing app told the BBC that a "very limited"…

Shares in Modi ally Adani's firm crash 25% during India vote count

Shares in Modi ally Adani's firm crash 25% during India vote count

Shares in the main listed unit of Indian billionaire Gautam Adani's conglomerate nosedived 25 percent on Tuesday, before rebounding slightly, as election results suggested a reduced…

JS goes into budget session tomorrow

JS goes into budget session tomorrow

The third session of the 12th Jatiya Sangsad (JS) will begin tomorrow. It will be the first budget session of the present stint of the Awami League government came to power through…

Govt to procure 1 cargo LNG, 1 lakh MTs fertilizer, 6,000 MTs lentil

Govt to procure 1 cargo LNG, 1 lakh MTs fertilizer, 6,000 MTs lentil

The government has approved separate proposals for procuring one cargo LNG, one lakh metric tons of fertilizer and 6,000 metric tons of lentil to meet the growing demand of the country. The…

IATA calls for Bangladesh to clear $320m in airline funds blocked for 40 months

IATA calls for Bangladesh to clear $320m in airline funds blocked for 40 months

  International Air Transport Association (IATA) has urged Bangladesh to pay $320 million funds blocked by the government for 40 months. At the same time, Pakistan was also asked…

British bank accused of helping to fund terrorists

British bank accused of helping to fund terrorists

A British bank that escaped prosecution for money laundering carried out billions of dollars of transactions for funders of terrorist groups, US court papers allege. Standard Chartered,…

Rafeuzzaman elected TOAB president

Rafeuzzaman elected TOAB president

Mohammad Rafuzzaman was elected president ofcountry's apex body of travel agencies, the Tour Operators Association ofBangladesh (TOAB) for the 2024-2026 term. Earlier on Saturday,…

Cenbank directs banks to comply with security instructions

Cenbank directs banks to comply with security instructions

Bangladesh Bank has found many banks are not complying with the instructions to ensure the security of bank outlets and branches. As a result, gold from bank lockers is disappearing…

BEA proposes Tk 11,95,486cr alternate budget

BEA proposes Tk 11,95,486cr alternate budget

The Bangladesh Economic Association (BEA) today proposed a Taka 11,95,486 crore alternate national budgetfor the next fiscal year (FY25).  BEA general secretary Dr Md Ainul…

Funding woes stall NTMC's censorship gear

Funding woes stall NTMC's censorship gear

The National Telecommunication Monitoring Center (NTMC) has faced a persistent funding shortfall over the past two years, hampering its efforts to procure equipment for filtering and…

BAJUS for special drive in South-Western districts to curb smuggling

BAJUS for special drive in South-Western districts to curb smuggling

Bangladesh Jeweller’s Association (BAJUS) has called upon the government to conduct a special drive in South-Western border of the country to curb the cross-border smuggling…