Business-Economy

NBR revises VAT rates across multiple sectors

TDS Desk: The National Board of Revenue (NBR) has issued several notifications by re-fixing the rates of VAT, supplementary duty and excise duty on some goods and services, which were

Jul-Sep FDI inflow hits lowest in 11 years

P-1 TDS Desk: The decline was attributed to factors such as political instability and economic uncertainty centering student-led mass upsurge and subsequent fall of the Sheikh Hasina-led government during

Explainer: Sri Lanka has negative inflation, but govt wants to increase it

TDS Desk: Boosted with $2.9 billion support from the International Monetary Fund (IMF) it secured in March 2023, the South Asian country has now made a full turnaround. Its central

Decline in rod sales threatens Tk7,50,000cr investment

TDS Desk: Sales of construction rods have plummeted by 70% in the past four months, posing a significant threat to investments worth Tk7,50,000 crore across 200 steel rerolling mills, according

NBR reduces customs duty, exempts regulatory duty, advance tax on air purifiers import

TDS Desk: The National Board of Revenue (NBR) Tuesday said the import cost of each air purifier will reduce to Taka 7,000 from Taka 1,500 depending on the type as

Tk1.77 lakh cr default loan cases settled with just 20pc recovery

TDS Desk: Bank officials say the key reasons for these loans being defaulted include indiscriminate loan disbursement in collusion with bank directors and related institutions, overvaluation of collateral, and the