Bank & Finance
Bank & Finance
Income tax return mandatory for investment over Tk 5 lakh
Savings certificates Industry Desk: The government has made income tax return mandatory for investment more than 5 lakh Taka in the savings certificates and for opening post office savings accounts. It will be effective from this fiscal year.A circular in this regard was issued by the Debt Management Department of…
Read More »Open market dollar price jumps to record Tk 105
Staff Correspondent: The price of the dollar yesterday increased by at least Tk2.50 in a day and stood at Tk105 in the kerb market, crossing the recent surge in May.Money exchanges in Paltan, Motijheel and Baitul Mokarram areas reported that they had bought dollar at a rate of Tk103 to…
Read More »Air passenger decreasing for high jet fuel price
Mahfuz Emran: The price of jet fuel used in aircraft was Tk 46 per liter two years ago. Now the price per liter of the same fuel is set by the government at Tk 130. In this way, the price of jet fuel has increased by about 183 percent in…
Read More »RCBC defamation case against BB dismissed
Reserve heist Industry Desk: A Philippines court has dismissed a defamation case filed by Rizal Commercial Banking Corp (RCBC) against Bangladesh Bank for linking it to the biggest cyber heist in the world.The Philippines court dismissed the case on June 30 and Bangladesh Bank received the documents on Wednesday, said…
Read More »Price Sensitive Information (Property Purchase) Of Sena Kalyan Insurance.
PRICE SENSITIVE INFORMATION
Read More »Connectivity is key to national development
Hasina in donation receiving prog Staff Correspondent: Prime Minister Sheikh Hasina yesterdaysaid her government has been working to improve the connectivity throughout the country for economic progress and industrialization.“We’ve developed a communication network through construction of roads and bridges across the country. Besides, we’ve been dredging and reviving the rivers….…
Read More »BB eases debt burden for cos amid economic stress
Staff Correspondent: Bangladesh Bank says that no companies from “major industries” will be deemed to be defaulters if they manage to repay at least half of their instalments.For example, a company will avoid falling into the category of defaulters by repaying at least 50 percent of the loans payable for…
Read More »BB heist case report submission on Aug 17
Court Correspondent: A Dhaka court yesterdayset August 17 to submit the probe report in the case lodged over Bangladesh Bank (BB) reserve heist that took place in 2016.Dhaka Metropolitan Magistrate MdArafatulRakib fixed the date as the Criminal Investigation Department (CID) failed to present the report yesterday.On February 4, 2016, a…
Read More »78pc insurance claims unpaid
Amount of claim money Tk 1413.57 cr Mahfuz Emran: According to a report, between July and September 2021, the amount of outstanding insurance claim is Tk 1413.57 crore. The general insurance companies paid 8,134 insurance claims. In contrast, 12,609 insurance claims are outstanding. At this time the amount of insurance…
Read More »Top business conglomerates of Bangladesh
Industry Report: Large companies, especially top business conglomerates, hold a strong economic power over the nation. These private business groups address many economic challenges like the issue of export diversification, productivity enhancement, and expansion of industry to create more jobs for the people of Bangladesh. In the 2017-18 fiscal year,…
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