Sohel Parvez

Sohel Parvez is the Business Editor of The Daily Star.

Tax burden to get heavier, life even harder

The tax measures unveiled yesterday for 2024-25 are not going to provide any relief to taxpayers.

1w ago

Excise duty exemption likely on offshore banking deposits

The development comes after Bangladesh Bank relaxed the rules and allowed banks to receive funds from the OBUs amounting to up to 40 percent of their regulatory capital to settle payment obligations.

1w ago

Budget expands, goals are never met

The government is expanding the size of the national budget every year. However, it has fallen short of attaining its targets over the years, be that in terms of revenue collection or development expenditure.

1w ago

Social safety net allocations inflated

Data by the finance ministry showed that the allocation for the pensions and interest payments account for 30 percent of the total social security programme fund of Tk 126,090 crore for the current fiscal year of 2023-24.

2w ago

Will there be any respite from inflation?

To many, especially salaried and fixed-income individuals, this means they will have no option but to find ways to cut expenditures to bear increased electricity bills.

1m ago

BSRM's two entities’ sales drop, but profit surges 574%

The two made Tk 333 crore profit in nine months

1m ago

Small businesses, daily earners scorched by heatwave

After parking his motorcycle and removing his helmet, a young biker opened a red umbrella and stood on the footpath.

1m ago

Rice prices unlikely to fall from current level

Yesterday, the price of coarse grain, the benchmark variety, was 6.25 percent higher year-on-year, reaching Tk 50 to Tk 52 per kilogramme at retail markets in Dhaka.

1m ago
June 7, 2024
June 7, 2024

Tax burden to get heavier, life even harder

The tax measures unveiled yesterday for 2024-25 are not going to provide any relief to taxpayers.

June 5, 2024
June 5, 2024

Excise duty exemption likely on offshore banking deposits

The development comes after Bangladesh Bank relaxed the rules and allowed banks to receive funds from the OBUs amounting to up to 40 percent of their regulatory capital to settle payment obligations.

June 3, 2024
June 3, 2024

Budget expands, goals are never met

The government is expanding the size of the national budget every year. However, it has fallen short of attaining its targets over the years, be that in terms of revenue collection or development expenditure.

May 26, 2024
May 26, 2024

Social safety net allocations inflated

Data by the finance ministry showed that the allocation for the pensions and interest payments account for 30 percent of the total social security programme fund of Tk 126,090 crore for the current fiscal year of 2023-24.

May 5, 2024
May 5, 2024

Will there be any respite from inflation?

To many, especially salaried and fixed-income individuals, this means they will have no option but to find ways to cut expenditures to bear increased electricity bills.

April 29, 2024
April 29, 2024

BSRM's two entities’ sales drop, but profit surges 574%

The two made Tk 333 crore profit in nine months

April 24, 2024
April 24, 2024

Small businesses, daily earners scorched by heatwave

After parking his motorcycle and removing his helmet, a young biker opened a red umbrella and stood on the footpath.

April 16, 2024
April 16, 2024

Rice prices unlikely to fall from current level

Yesterday, the price of coarse grain, the benchmark variety, was 6.25 percent higher year-on-year, reaching Tk 50 to Tk 52 per kilogramme at retail markets in Dhaka.

April 7, 2024
April 7, 2024

FBCCI's plea for tariff protection devoid of reality

On April 4, the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) urged the government to pay attention to ensuring reasonable protection from customs tariffs for the sake of employment and promoting domestic industries, services and small and medium enterprises.

April 5, 2024
April 5, 2024

News Analysis: BB’s feeble fight against loan defaulters

The central bank has already unveiled a framework to address vulnerabilities in the banking sector, rein in non-performing loans (NPLs) and punish wilful defaulters.

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