All Finance
Holy Shab-e-Qadr today
Soon the situation in Chittagong Hill Tracts will be calm: Obaidul Quader
KNF attack to loot money and show capability: RAB
Kidnapped manager of Sonali Bank returns to his family
Home Minister to visit Bandarban tomorrow to inspect situation
Parliament passes Finance Bill-2023
Dhaka, June 26: Finance Bill-2023 has been passed in fixed form with some amendments on Sunday, abolishing the provision of mandatory income tax return of Tk 2,000 for every TIN holder. Finance Minister AHM Mustafa Kamal proposed the passage of the bill in Parliament. This bill was brought to implement the financial proposals of the government and to amend some laws.
One and a half crore bribe transaction: ACC Director General's PA arrested
Dhaka, June 24: Anti-Corruption Commission (ACC) Director General (Money Laundering) PA Gautam Bhattacharya and a sacked police constable were arrested while accepting a bribe of Tk 1.5 crore. Dhaka Metropolitan Detective Police (DB) arrested four persons including these two from a hotel in Motijheel on Friday.
Bangladesh’s central bank takes some critical decisions
Dhaka, June 24: Bangladesh’s central bank took some critical decisions at its latest monetary policy meeting on June 18. It had decided to replace the prevailing regime of administered or artificial foreign exchange rates with a unified market-determined rate by the end of the 2023-24 (July-June) fiscal year. Also, the three-year-old deposit floor rate is removed. Banks can now offer interests of their choice to the depositor. The cap on the lending rate is allowed to move up to three percentage points from the prevailing 12%.
The cost of Padma Bridge is increasing by another Tk 1118 crore
Dhaka, June 22: The government has decided to increase the cost of the Padma Multipurpose Bridge by Tk 1,117 crore 97 lakh 90 thousand 580 after one year of its inauguration and traffic. The Cabinet Committee on Public Procurement has approved this increase in expenditure. The meeting of the committee was held on Thursday, June 22 under the chairmanship of Finance Minister AHM Mustafa Kamal.
Possibility of relief in reserves is getting stronger: PM in Parliament
Dhaka, June 22: Prime Minister Sheikh Hasina said that the possibility of relief in the reserve is getting stronger in the future. The Prime Minister shared this information in response to a question from government party MP Shahiduzzaman Sarkar in the national parliament on Wednesday.
Prime Minister urges foreign fund collection
Dhaka, June 21: Prime Minister Sheikh Hasina has directed the authorities concerned to focus on raising funds from domestic sources as well as foreign funds to ensure financing of the project.
Record transaction of Tk 1.5 lakh crore on mobile
Dhaka, June 20: There is no fee to open an account. Money can be sent anywhere in the city or village instantly. At the same time, many new services have been added including payment of shopping bills, loan facilities. Remittances are also coming from abroad. As a result, people's interest and dependence on Mobile Financial Services (MFS) is increasing. The volume of transactions with customers is also increasing.
Daily remittances before Eid-ul-Azha are Tk 694 crore
Dhaka, June 19: Ahead of the holy Eid-ul-Azha, the pace of expatriate income (remittance) has increased. About 6.40 crore USD or 694 crore taka (about 108 taka 50 paise per dollar) is coming to the country every day in this month of June. If the trend of remittances continues, it will reach close to two billion (over $191 crore) by the end of the month.
Proposed budget is not ambitious, but future-oriented: Atiur Rahman
Dhaka, June 17: Former Governor of Bangladesh Bank Professor Dr. Atiur Rahman has commented that the proposed budget for the upcoming 2023-24 financial year is not ambitious at all, but rather forward-looking.
Director General of WTO meets Prime Minister Hasina
Dhaka, June 16: World Trade Organization (WTO) Director General Dr. Ngozi Okonjo-Iweala met Prime Minister Sheikh Hasina at her residence in Geneva, Switzerland. Foreign Minister Dr. AK Abdul Momen informed the reporters about the outcome of the meeting.
15 animal markets to be leased in two cities of Dhaka on Eid-ul-Azha
Dhaka, June 16: On the occasion of the upcoming Eid-ul-Azha, 17 temporary sacrificial animal markets will be set up in different areas of the capital Dhaka. Meanwhile, Dhaka North City Corporation (DNCC) and Dhaka South City Corporation (DSCC) have finalized the lease of 15 markets. The two organizations have got several times higher price than the price fixed by the government for the lease of these animal markets.
PM Hasina calls for more Swiss investment in Bangladesh
Geneva, June 15: Prime Minister Sheikh Hasina urged Swiss Confederation President Alain Berset to invest more in Bangladesh, saying her country has created ample opportunities for new investments.
Reasons for not getting World Bank on Padma Bridge project is misunderstanding: Obaidul Quader
Dhaka, June 14: Road Transport and Bridges Minister Obaidul Quader has commented that not getting the World Bank on the Padma Bridge is the biggest misunderstanding with the organization in Bangladesh. He said this at the inaugural function of Bangladesh Road Safety Project (BRSP) at Bangabandhu International Conference Center on Wednesday.
Holding tax is 10 percent off if you have a roof garden
Dhaka, June 14: Local government minister Md Tajul Islam said that 10 percent discount on holding tax will be given if a garden is planted on the roof of the building. He also said that the government has taken this decision to reduce the temperature. He told reporters in a meeting in the conference room of the local government department at the secretariat on Wednesday.
Strong remittance flow before Eid
Dhaka, June 12, 2023 : In view of the holy Eid-ul-Azha, the pace of expatriate income (remittance) has increased in June.