9:55 am, Friday, 7 February 2025

NBR revises VAT on 9 items amid backlash

Facing widespread backlash, the National Board of Revenue (NBR) has rolled back recent tax increases on nine essential goods and

Consumers to pay more for clothing as VAT hike takes effect

Garments, a basic human necessity, are set to become more expensive in the local market as the government moves forward

VAT, SD raised on 100 items amid inflation concerns

The interim government on Thursday issued two ordinances that raised Value Added Tax (VAT) and imposed supplementary duties on over

Corruption, inflation top business challenges in Bangladesh: CPD

The Centre for Policy Dialogue identified 17 key challenges, including corruption, inefficient bureaucracy, foreign currency instability, inflation, limited access to

Govt working to prevent money laundering: finance adviser

Finance Adviser Salehuddin Ahmed on Saturday said that the interim government was taking steps to prevent future money laundering. ‘We

Govt withdraws import duties on rice to stabilise prices

The National Board of Revenue (NBR) has removed all import and regulatory duties on rice to bolster food security and

Bangladesh RMG sector faces $400m loss from labour unrest: BGMEA

Bangladesh’s readymade garment sector has incurred a production loss of $400 million due to recent labour unrest that began at

NBR halves duty on sugar imports

The National Board of Revenue (NBR) has reduced the regulatory duty on the import of refined and raw sugar in

Bangladeshi RMG exporters warn EFL of legal action over $10m arrears

A group of Bangladeshi readymade garment exporters on Saturday threatened to file a lawsuit against Expo Freight Limited (EFL) if

Bangladesh’s export earnings rise by 5pc in Q1

Bangladesh’s export earnings in the first quarter (July-September) of the current financial year 2024-25 increased by 5.04 per cent, despite