Bangladesh earned Tk 1,500cr tariff from US imports in FY24
"Bangladesh generates a negligible amount of revenue from taxes levied on goods imported from the United States"
5 April 2025, 18:00 PM
Bangladesh must push for urgent US trade talks
Business leaders and economists have called upon the government to initiate immediate high-level negotiations with the United States administration following President Donald Trump’s imposition of reciprocal tariffs, warning that failure to secure concessions could erode the nation’s competitive edge in its most lucrative export market.
3 April 2025, 19:01 PM
Ticfa could help counter US tariffs more effectively: economist
"We need a comprehensive review," said Mahfuz Kabir, research director of BIISS
3 April 2025, 05:46 AM
Bangladeshis own dozens of Dubai properties
The National Board of Revenue (NBR) has identified dozens of properties in Dubai owned by Bangladeshis, a senior official familiar with the matter has told The Daily Star.
29 March 2025, 18:00 PM
BBS to form six expert panels to enhance data credibility
The Bangladesh Bureau of Statistics (BBS) will form six expert committees to strengthen monitoring and enhance data credibility, one of its top officials said yesterday.
22 March 2025, 18:00 PM
With four months left, tax target remains elusive
The tax target for the National Board of Revenue (NBR) has become more daunting against the backdrop of slowing collection as the economy continues to grapple with worsening consumer purchasing power due to stubbornly high inflation and declining private and public investment.
20 March 2025, 18:00 PM
Wage growth slips again, squeezing low-income households
Wage growth slowed in February and was outpaced by inflation for the 37th consecutive month, further eroding real incomes and making low-income groups increasingly vulnerable amid rising costs of living.
10 March 2025, 18:00 PM
Food subsidies raised by nearly 12%
For several months, food inflation had also remained in double digits
8 March 2025, 18:00 PM
Inflation eases but remains above 9% for 24th month
Inflation eased in February but remained above the 9 percent mark for the 24th straight month as the rising prices of goods and services continue to erode consumers’ purchasing power.
6 March 2025, 18:00 PM
Tax haul turns positive, yet daunting target looms
Riding mainly on monthly growth in December and January, revenue collection in the first seven months of fiscal year (FY) 2024-25 returned to positive territory.
24 February 2025, 18:00 PM
65% registered taxpayers skipped filing returns. Why?
Tax compliance is a vital pillar of a country’s economic stability. But in Bangladesh, despite various government efforts to widen the tax net, an alarming 65 percent of eligible taxpayers did not bother filing their returns within the deadline, which was extended thrice this year.
22 February 2025, 18:00 PM
65% of registered Bangladeshi taxpayers skip filing returns -- what would be the fallout?
As of February 16 this year, only 39.86 lakh taxpayers out of around 1.14 crore TIN holders filed their returns
22 February 2025, 09:30 AM
GDP may cross $500b for first time in FY26
The finance ministry is likely to project that the country’s gross domestic product (GDP) will surpass the $500-billion mark for the first time in the upcoming fiscal year (FY), anticipating an economic rebound in FY 2025-26.
15 February 2025, 18:00 PM
Development spending in Jul-Jan hits 15-year low
Implementation of the Annual Development Programme (ADP) stood at just 21.52 percent in the first seven months of fiscal year 2024-25 as public works were weighed down by political unrest.
13 February 2025, 18:00 PM
Rice bran oil export may face 25% regulatory duty
The National Board of Revenue (NBR) is set to impose a fresh 25 percent regulatory duty on the export of crude and refined rice bran oil to discourage shipments and increase domestic supply.
8 February 2025, 18:00 PM
Rice bran oil export may face 25% regulatory duty
An NBR notification may come this week to boost the oil’s domestic supply
8 February 2025, 14:34 PM
Wage growth negative for 3 years as inflation outpaces pay rise
The wage growth rate stood at 8.16 percent in January, 1.78 percentage points below the inflation rate of 9.94 percent that month
5 February 2025, 18:00 PM
Foreign loan surge in December brings some relief
A big chunk of foreign funds was provided as budgetary support from the World Bank and the Asian Development Bank (ADB) in December released $1.1 billion, leading to a rise in foreign aid disbursement and providing some relief to the government.
26 January 2025, 18:00 PM
Economy slowing, negative revenue growth shows the sign
For Bangladesh, it is no longer the question of whether the economy is destined for a hard landing or a glide to a flat state; rather the question now is how deep the descent will be.
23 January 2025, 18:00 PM
Potato imports facilitated despite massive price fall
The National Board of Revenue (NBR) has allowed the use of nine more customs stations for the import of potatoes, specifically from Nepal and Bhutan, aiming to diversify supply sources and reduce dependency on India..The nine stations include Rohonpur in Chapainawabganj, Sonahat in Kurigra
21 January 2025, 18:00 PM