The National Board of Revenue (NBR) on Sunday warned taxpayers against fraudsters posing as tax officials and demanding money on the pretext of exempting tax files from audits. In a press statement, the revenue authority said it had recently noticed that a group of scammers has been contacting tax
Industries Minister Khandakar Abdul Muktadir today (Sunday) directed officials of the Bangladesh Small and Cottage Industries Corporation (BSCIC) to work towards increasing the Cottage, Micro, Small and Medium Enterprise (CMSME) sector's contribution to the national economy to more than 60 percent,
Bangladesh Bank Governor Md Mostaqur Rahman on Saturday pledged to strengthen Shariah governance and institutional accountability in Islamic banking. He said that robust oversight and a stronger regulatory framework are essential to restoring public confidence and ensuring the sector's sustainable
India is “closely monitoring” Bangladesh's progress on the proposed Teesta River project and plans to purchase Chinese J-10 fighter aircraft, ANI has reported. On Friday, the Indian Ministry of External Affairs (MEA) reaffirmed that its development cooperation with Dhaka is guided by a
Bangladesh's export earnings have declined in the 2025-26 fiscal year despite a sharp rebound in June, with receipts falling 0.58 per cent from the previous year to $48 billion. The annual export figure also fell nearly 13 per cent short of the government's target of $55 billion, as per a bdnews24
Bangladesh's aviation sector has reached a significant milestone as five of the world's leading airport service providers compete to operate at Hazrat Shahjalal International Airport's (HSIA) Third Terminal, reflecting growing global confidence in the country's ambition to emerge as a regional avia
The effectiveness of Bangladesh Bank’s latest monetary policy will depend less on policy announcements and more on how its measures are implemented, according to Business Initiative Leading Development (BUILD) Chairman Abul Kasem Khan. He said the central bank’s objective of reviving e
The Parliament on Tuesday passed a Tk 9.38 trillion national budget for 2026-27 fiscal year (FY27), setting targets to accelerate economic growth to 6.5 per cent and bring inflation down to 7.5 per cent after prolonged price pressures eroded living standards for much of the population. The budget,
Bangladesh Bank on Tuesday unveiled a monetary policy statement for the first half of the financial year of 2026-2027, making no change in the existing interest rate framework. The central bank presented the MPS for the July-December period at its headquarters with BB governor Md. Mostaqur Rahman
Bangladesh's remittance inflows crossed the US $35.34 billion mark in the concluding fiscal year (FY26), registering a robust double-digit annual growth, according to the latest data from Bangladesh Bank. The data, released by the central bank's Foreign Exchange Policy Department, showed that expa
The government has proposed cutting corporate tax rates by 2.5 percentage points for companies that conduct all their transactions through banking channels, responding to longstanding calls from the business community for lower corporate taxes. Finance and Planning Minister Amir Khosru Mahmud Chow
Prime Minister Tarique Rahman has proposed several changes to the budget to reduce the tax burden on the public, to withdraw the controversial provision on black money “whitening”, and to remove the obligation to obtain a TIN to open a bank account. The prime minister also urged Financ
The National Board of Revenue (NBR) has set a target to raise the country's revenue-to-GDP ratio to 10.7 percent by the fiscal year (FY) 2028-29 to strengthen domestic resource mobilisation and sustain economic development, according to the government's Medium-Term Macroeconomic Policy Statement (2
