Business-Economy

NBR to form committees to curb illegal tobacco trade, boost VAT collection

TDS Desk: The National Board of Revenue (NBR) has directed all VAT commissionerates to form six-member committees in each circle to enhance Value Added Tax (VAT) collection from the tobacco

Overdue payments to LNG suppliers mount to $455m

TDS Desk: The government’s overdue payments to the liquefied natural gas (LNG) suppliers stood at around US$ 455 million as state-run Petrobangla has been struggling to clear the bills due

Rice bran oil export may face 25pc regulatory duty

TDS Desk: The National Board of Revenue (NBR) is set to impose a fresh 25 percent regulatory duty on the export of crude and refined rice bran oil to discourage

BD experiences modest growth in US Apparel imports in 2024

TDS Desk: Bangladesh has experienced modest growth in US apparel imports amidst market volatility in 2024. Bangladesh managed to hold its ground, achieving a slight 0.73 per cent increase in

9 new tax zones to be established

TDS Desk: The government has given approval to set up nine new tax zones in different parts of the country, aiming to improve revenue collection. These offices are- Tax Zone-5

Milk Vita: Milk processing plant of Tk 105 cr fails to go on production

Special Correspondent: Allegation has been intensified that the Milk Vita’s new milk processing plant has not yet been able to go on production even after passing of eight years due