Economists, tax experts, and business leaders on Monday warned that excessive dependence on indirect taxes such as value added tax (VAT) and tax deducted at source (TDS) could have adverse impacts on the economy, businesses and consumers. They expressed concern over the growing reliance on indirec
The Ministry of Finance has issued a fresh circular making the automated challan system, known as “A-Challan”, mandatory for all government revenues and receipts from July 1, 2026, completely abolishing the manual challan method. According to the circular issued on Tuesday, the decisio
Speakers at a dialogue on Wednesday stressed the need for a stronger intellectual property protection to attract more foreign direct investment and secure its position in the global supply chain. They also stressed for upgrading IP laws. The observations were made at a dialogue titled "Strengthen
Finance minister Amir Khosru Mahmud Chowdhury says many of the country's banks are caught in a “serious capital deficit”, the result of years of money laundering and loan defaults engineered through collusion between boards and management. The minister made the remarks at the Financial
Relaxed loan caps: Bangladesh Bank has raised the single-borrower credit limit to 25 percent of a bank's capital, allowing major corporate borrowers to access significantly larger loans. Risk decoupling: Banks with non-performing loan (NPL) ratios as high as 10 percent can now allocate up to half
The Bangladesh Association of Banks (BAB) has said a meaningful recapitalisation of the banking sector would require stronger recovery mechanisms and decisive actions against owners and groups, who looted money from banks and continue to hold shares and assets within the financial system. The asso
Foreign Investors’ Chamber of Commerce and Industry (FICCI) called for a predictable and business-friendly policy environment to enable investors to better anticipate tax structures and make informed investment decisions. It also highlighted the need for a long-term budgetary roadmap
The Bangladesh Agricultural Economists Association (BAEA) on Tuesday demanded that the government raise agricultural subsidies to Tk 350 billion in the national budget for fiscal year 2026-27, more than double the current allocation of Tk 172.41 billion, citing rising production costs and growing c
Policy uncertainty remains one of the key barriers hindering both local and foreign direct investment, which are essential for economic growth and job creation in Bangladesh. “The number one reason over the past few years has been policy uncertainty,” said Dhruv Sharma while delivering
The National Economic Council (NEC) on Monday approved the Annual Development Programme (ADP) for FY2026-27 with an outlay of nearly Tk3.0 trillion, describing it as a roadmap for economic reforms, balanced growth and long-term development. The outlay is nearly 53 per cent higher than that of the
Bangladesh's proposed FY2026-27 budget faces a 'near-impossible revenue challenge' that could force the government to choose between paying civil servants more and protecting the poor, the Citizens' Platform warned Monday. The government has set a revenue target of Tk 6.95 lakh crore for F
New Zealand has assured Bangladesh of extending duty-free and quota-free (DFQF) facility and preferential market access even after its graduation from LDC. The country has also expressed its strong interests in further expanding bilateral trade and investment between the two nations. Non-re
Bangladesh Bank (BB) has introduced a monthly performance review system to strengthen the implementation of the Bangladesh Bank Service Standard, aiming to improve efficiency, accountability, and service delivery across all operational units. The decision was taken at the inaugural performance rev
