Business-Economy

VAT hike on mobile, internet services sparks protests

TDS Desk: The Bangladesh Mobile Phone Consumers Association organised a human chain protest in the capital on Sunday strongly opposing the newly imposed Value Added Tax (VAT) and supplementary duty

Business leaders raise alarm over gas price hike and economic challenges

TDS Desk: Business leaders have raised serious concerns to the Bangladesh Bank Governor over the proposed hike in gas prices, along with a host of other economic challenges that are

Paddy procurement target may not be achieved in Sirajganj

Sirajul Islam Shishir Paddy procurement target for the government warehouse in Sirajganj may not be achieved this season due to less interest of the farmers, it is alleged. Various complications

Citizens’ committee demands immediate withdrawal of VAT, SD hike ordinance, reinstatement of TCB truck sale

TDS Desk: Criticizing the recent moves, its General Secretary Akhtar Hossain told a press conference on Saturday (11 January) that this would result in an increase in the country’s inflation.

Banks brace for stricter NPL rules, fear loss, eroding capital base

TDS Desk: All types of loans will be classified as non-performing after three months of being overdue – instead of the current six months – effective from April 2025, as

Govt decision to increase VAT suicidal: DCCI

TDS Desk: “The entire cost of this increase in VAT and SD will fall upon the people, which will hamper national and international investments and trade,” he told a press