Tuesday, December 5, 2023

Muhith rules out withdrawal of penalty

Finance minister Abul Maal Abdul Muhith on Thursday ruled out  blanket legalisation facility for whitening undisclosed money in the next budget for the fiscal year 2013-14 and said that black money holders would have to pay penalty at the prescribed rate of the National Board of Revenue. ‘Black money legalising system that we follow is ... Read more

FBCCI places 422 demands for next budget

The Federation of Bangladesh Chambers of Commerce and Industry on Thursday placed a set of budget proposals containing 422 demands related to income tax, customs duty and value-added tax to the government for the upcoming national budget for 2013-2014 fiscal year. The demands included reduction of customs duty on import