No separate bank account needed The National Board of Revenue on Tuesday said that house owners would be able to use any bank account, including the existing ones, for depositing their income from house rent. The revenue board issued a circular in this regard, relaxing the existing provision of the Income Tax Rules-1984 which says that ... Read more
Month: July 2014
Sonali’s H1 defaulted loan recovery slips 58pc
Recovery of defaulted loans at the state-owned Sonali Bank declined by 58.14 per cent in the first half of 2014 compared with that of the same period a year ago as the bank failed to recover the non-performing loans from its top defaulters. According to the latest Sonali Bank data, the bank recovered
BB launches probe into GP’s Mobicash operations
Bangladesh Bank has recently launched an investigation into Mobicash, a mobile financial service of Grameenphone, to find out if the service is violating the banking rules. BB officials said the central bank on Tuesday asked five banks, including Islami Bank Bangladesh and Dutch-Bangla Bank, which have agreement with GP for Mobicash service, to submit
Sajal on Eid works and plans
Actor Sajal will be seen in several teleplays on different television channels during upcoming Eid-ul-Fitr festival. The actor shared about his Eid projects and celebrations in an interview with New Age. ‘I can’t say the exact number of teleplays that I have acted in for this Eid but all the directors I have acted with ... Read more
I want a Bengali look for my wedding: Bipasha
Actress Bipasha Basu says for her wedding she would like to stick to her roots and dress up like a Bengali bride. Although the 35-year-old actress, who is dating fellow actor Harman Bawaja, did not reveal any marriage plans, she said that she would love to have an elaborate wedding, reports India Today. ‘I am ... Read more
Nazmul rules Sakib out for Windies tour
Regardless of what happens to his appeal, all-rounder Sakib al Hasan will not be considered for the forthcoming West Indies tour, the Bangladesh Cricket Board president Nazmul Hasan said on Monday. Nazmul appeared to have softened his position regarding Sakib, who on Sunday submitted an appeal against his six-month ban and issued a rare public ... Read more
Shihab appeals, Ashrful leaves it to lawyer
Dhaka Gladiators managing director Shihab Chowdhury had appealed to the Bangladesh Cricket Board disciplinary panel chief against his 10-year ban in the Bangladesh Premier League match-fixing verdict, said the official on Monday. Shihab is the only accused convicted in the trial despite not pleading guilty, but the three-member Anti-Corruption Tribunal banned him for 10 years ... Read more
Vibhab to leave next month, says Akram
Bangladesh team physio Vibhab Singh informed the Bangladesh Cricket Board that he will leave after the end of his current tenure in July, said an official on Monday. The decision of Vibhab will allow the BCB to have an entire new set-up in the Tigers dressing room with all support staff who were associated with ... Read more
Rodriguez volley voted as best WC goal
James Rodriguez’s first strike in Colombia’s 2-0 World Cup win over Uruguay has been voted goal of the tournament, ahead of Robin van Persie’s headed equaliser for Netherlands in their 5-1 win over Spain, reports Goal.com The Monaco star – who is expected to complete his €88 million move to Real Madrid this week – ... Read more
MSC, Brothers share points
Mohammedan Sporting Club shared the points with Brothers Union in a goalless draw in the Bangladesh Premier League at the Bangabandhu National Stadium on Monday. The black and white outfit dominated the match but failed to utilise the scoring opportunities that came their way. The draw dealt a severe blow to Mohammedan’s hopes
I wanted to stay at Bayern: Kroos
Toni Kroos has stressed that he only started thinking about a transfer to Real Madrid after talks with Bayern Munich over a new deal collapsed, reports Goal.com The Germany international was keen to stay in Bavaria, but he eventually opted to join the European champions for a reported €25 million after failing to agree
Export growth target set at six-year low
The government has set the export earnings growth target at 10.02 per cent for the current financial year 2014-15 which is the lowest target rate since the FY09 when the target was 15.50 per cent. Commerce minister Tofail Ahmed on Monday announced the export target at $33.20 billion with a year-on-year growth of 10.02 per ... Read more
BB asks banks to reduce interest rate
Says not more than 2 of a family to be bank directors, slams media Bangladesh Bank on Monday asked scheduled banks to decrease their rate of interest on industrial loans to ensure GDP growth by increasing inflow of credit to the productive sector. The BB gave the direction at a ‘bankers meeting’ led by its ... Read more
BSEC likely to empower bourses for IPO process
The Bangladesh Securities and Exchange Commission is likely to empower the stock exchanges to issue no-objection certificate for the proposed initial public offerings, a BSEC senior official told New Age. The BSEC will start its scrutiny process over a proposed IPO once the stock exchanges will issue NOC to the issuer company, he said. The ... Read more
Central bank will announce capital market-friendly monetary policy: deputy governor
Bangladesh Bank on Monday said that it would announce a capital market- friendly monetary policy for July-December of 2014. The central bank has given importance to the capital market to form its new monetary policy, BB deputy governor SK Sur Chowdhury told reporters after the bankers meeting at the central bank headquarters in the capital. ... Read more
BB sets Tk 15,550cr farm loan target for FY15
Bangladesh Bank on Monday set farm loan disbursement target for local and foreign banks at Tk 15,550 crore for financial year 2014-15 which is 6.54 per cent higher than that of the recently concluded FY14. The BB set the target in its agriculture and rural credit policy and programmes for the FY15 in which the ... Read more
Sakib seeks ban review
All-rounder apologies to board, team-mates, fans All-rounder Sakib al Hasan on Sunday issued a public apology and passionately appealed to the Bangladesh Cricket Board to review his six-month ban. Sakib met acting chief executive officer Nizamuddin Chowdhury at the BCB office in the afternoon to submit his plea before reading out a carefully written statement, admitting ... Read more
Ashraful faces a race for appeal
Time is running fast for former national captain Mohammad Ashraful to appeal to the Bangladesh Cricket Board disciplinary panel chief against the eight-year ban imposed on him by the Bangladesh Cricket Board Anti-Corruption Tribunal. The Tribunal, set up by the BCB to deal with the Bangladesh Premier League match-fixing allegations, on June 18 suspended
WC trophy damaged by mystery Germany man
The chief of Germany’s football association Wolfgang Niersbach has revealed that one of the team’s triumphant players has damaged their World Cup trophy, reports Goal.com. Joachim Low’s men defeated Argentina 1-0 in the final after extra-time to win the inter-continental tournament for the fourth time in their history, following on from 1954, 1974 and
Ronaldo not as talented as Messi, says Henry
Thierry Henry believes that his former Barcelona team-mate Lionel Messi is untouchable in terms of pure talent, even from Cristiano Ronaldo, reports Goal.com. The Camp Nou star was unseated as Ballon d’Or holder earlier this year by the Real Madrid forward, but he starred in the World Cup as Argentina reached the final and won the ... Read more