Industry

Govt to Gradually Phase Out Tax Exemptions: NBR Chairman

Dhaka: National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan announced today that the government aims to gradually phase out tax exemptions, suggesting a potential shift away from this practice in the future. “We don’t want to incur further ta…

RCC Revenue Earnings Double as Syndication Breaks

Rajshahi: Revenue earning of Rajshahi City Corporation (RCC) has doubled compared to the previous regime breaking syndication during the last six months. RCC has taken the initiative of restoring discipline in all the existing revenue-earning installa…

BB Warns Against Investing in MLM Schemes

Dhaka: Bangladesh Bank (BB) has warned people against investing in multilevel marketing (MLM) companies highlighting their offering excessive returns on deposits, stating that such activities fall under money laundering. The central bank is also inves…