The Real Estate and Housing Association of Bangladesh on Tuesday said the government’s move to allow undisclosed money for the housing sector in the next financial year would not create a bubble in land and apartment price. ‘The real estate companies will become active
housing sector
Tax system simplified for housing sector
With the aim of providing housing facilities to every citizen, the government has simplified the tax system relating to investments in the country’s housing sector. This new system, the finance minister explained, would inject more dynamism into the stagnant housing sector. Under the new system, investors will have to pay
BB asks NBFIs to submit reports on compliance by June 30
The Bangladesh Bank on Sunday asked non-bank financial institutions to send compliance reports on the NBFIs’ financing in the housing and real estate sector within June 30 to its Department of Financial Institutions and Markets. To this end, the BB issued a circular to managing
REHAB wants undisclosed money without penalty for housing sector
The Real Estate and Housing Association of Bangladesh on Wednesday demanded that the National Board of Revenue allow legally earned undisclosed money in buying apartments and investing in real estate sector without paying penalty and disclosing the source of money. At a pre-budget discussion with the NBR at the revenue