Business-Economy

Zero tax returns illegal, may lead up to 5 years jail: NBR

Staff Correspondent: The National Board of Revenue (NBR) on Sunday warned that filing so-called ‘zero tax returns’ is illegal under the Income Tax Act 2023 and may result in imprisonment

Onion prices surge in Bangladesh amid import halt, supply shortages

TDS Desk: Onion prices in Bangladesh have spiked sharply, climbing by up to Tk 15 per kilogram, a 24 percent increase, within just a week, causing financial strain to consumers.

Tough Times In Housing Sector: Flat market in turmoil, rod prices falling

TDS Desk: Due to political change and ongoing political and economic instability, the country’s housing sector has been in a deep slump for over a year. Sales of new projects

TCB to begin mobile truck sales of essentials from Sunday

TDS Desk: The Trading Corporation of Bangladesh (TCB) will begin selling essential commodities in the capital and some other places from Sunday. This programme will continue alongside its regular sales

Banks: How BB heals an abused sector after regime change

TDS Desk: The country’s banking sector was grappling with severe dollar shortage, rapid erosion of foreign exchange reserves, and liquidity crisis in dozens of banks that were unable to repay

Disruptions in rice procurement due to 0.5% source tax

Staff Correspondent: Rice procurement in Bangladesh is facing significant disruptions following the recent imposition of a 0.5% source tax on domestic rice procurement. According to an official document presented at