Economy

Plethora of products, services under tax surveillance

Plethora of products, services under tax surveillance

A new array of hundreds of products and services - 50 in each category- have been shortlisted for special surveillance on value- added tax (VAT) collection by a high-powered taskforce in a government bid to ramp up revenue. The 10-member team has been formed by the National Board of Revenue

Fallout may push up inflation, threaten food security: Experts

Fallout may push up inflation, threaten food security: Experts

Experts and economists have said that the ongoing conflict in the Middle East is already transmitting significant economic shocks to Bangladesh, affecting fuel supplies with higher prices, raising the cost of exports, and slowing remittance inflows. They have warned that the fallout could dampen g

BB enhances credit card limit to promote cashless economy

BB enhances credit card limit to promote cashless economy

Bangladesh Bank has issued a comprehensive set of ‘Guidelines on Credit Card Operations of Banks’ to reduce operational complexities, strengthen risk management practices, and foster a transparent environment for cashless financial transactions across the country. The updated policy se

BB issues new rules for bank dividend reporting

BB issues new rules for bank dividend reporting

Bangladesh Bank (BB) has come up with a new directive mandating all scheduled banks to report any dividend declaration against shares within 7 days of the respective board meeting. The central bank issued the instruction to safeguard the interests of depositors and ensure the overall financial sta

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