Negotiations to fix VAT rate important said CPD

Centre for Policy Dialogue on Wednesday said fixing the VAT rate without proper negotiation with businesses will not help boost revenue collection. “Without consultation with stakeholders in fixing the VAT

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Hike in excise duty on tobacco products demanded

Anti-tobacco groups have demanded imposition of 70 percent supplementary duty on all kinds of tobacco products. Sixteen anti-tobacco groups made the demand ahead of the budget for the 2016-17 fiscal

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Govt fails to realise expected revenue from telecom sector

The government has failed to realise projected revenue in 2015-16 fiscal year due to merger agreement of Robi Axiata Limited and Airtel Bangladesh Limited. National Board of Revenue (NBR) has

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Budget outlay slashed by Tk30,535cr

The government is downsizing this fiscal year’s budget outlay by 10.35% as development funds could not be utilised by authorities concerned, ABC News Reports has learned from Finance Division documents.

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Growth rate will be above 7%: Muhith

“At least we have achieved 7% GDP growth in the middle of this year,” says Muhith Finance Minister AMA Muhith says he hopes Bangladesh’s growth rate will remain above 7%

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Dhaka int’l trade fair opens today

The yearly Dhaka International Trade Fair kicks off today, in which 47 foreign companies from 12 countries are participating. Organised by the Export Promotion Bureau and the commerce ministry, the

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