The Daily Sky

Tax hikes: Govt chooses easy option, burdens public with addl. Tk12,270cr

TDS Desk: In a progressive tax system, individuals with higher incomes bear a larger tax burden, reducing income inequality by requiring wealthier individuals to contribute more. Conversely, regressive taxes impose

ADP set for Tk49,000cr downsize amid lowest spending

TDS Desk: According to data from the Finance Division and the Planning Commission’s Programme Division, government fund allocations will decrease by Tk30,000 crore, or 18%, while foreign fund allocations will

How secure is your deposit, if a bank is liquidated?

TDS Desk: Bangladesh has the lowest deposit insurance coverage in South Asia, raising concerns among depositors, particularly as at least 10 banks have become “technically bankrupt” due to rampant corruption

FBCCI’s Anti-Discrimination Reform Council calls on govt to revoke VAT hike

TDS Desk: They made the demand during a press conference held at the Abdus Salam Hall of the National Press Club on January 14. At the briefing, the FBCCI body

Police halt Chhatra Jote’s march towards chief adviser’s residence

TDS Desk: Police intercepted a march by the Ganatantrik Chhatra Jote consisting of seven left-wing organizations heading toward the chief adviser’s residence on Tuesday, blocking protesters from delivering their five-point

Beximco workers form human chain demanding LC resumption

Nabinagar Correspondent: Around 40,000 workers from 16 closed factories of the Beximco Group staged a human chain on the Nabinagar-Chandra highway, demanding the resumption of letter of credit (LC) facilities