The tax system of a country has two key elements: tax policy and tax administration. The political economy analysis is vital to understand the factors responsible for facilitating and hindering tax reforms in tax policy and administration in a country and taking reform measures.

Lemon growers in Tangail are very pleased by the huge demand and increased prices for their crop this season.

Stocks dropped yesterday after rising for eight consecutive days thanks to a profit booking tendency among investors.

It may take four to 12 years to complete 1,426 ongoing development projects because of slow implementation and meagre allocation, highlighting the need for the government to prioritise works and accelerate execution to avoid cost and time overruns.

Brisk business during the just concluded Eid shopping season helped traders breathe a sigh of relief amid the ongoing nationwide lockdown and other measures in place to curb the spread of Covid-19.

Myanmar’s deepening political crisis and India’s grave coronavirus situation are prompting international retailers and brands to divert work orders to Bangladesh because of its stability and milder-than-expected impacts of the second wave of the infections.

The stock market experienced a fall today breaking a gaining streak of the last eight consecutive days thanks to the profit booking tendency of the investors.

Inward remittance to South Asia rose by about 5.2 per cent to $147 billion in 2020, driven by a surge in flows to Bangladesh and Pakistan, according to the latest Migration and Development Brief of the World Bank Group.

Japan’s top lender Mitsubishi UFJ Financial Group Inc (MUFG) posted on Monday a better-than-expected 47 per cent rise in full-year net profit, after last year’s earnings were hit by an impairment charge on its units in Southeast Asia.

When the coronavirus pandemic hit the world early last year, the airline industry was among the first sectors that felt the crisis’s impacts as almost every country closed doors to protect itself from the raging pathogen.

The National Board of Revenue (NBR) yesterday asked its field offices to stay open in order to provide services and collect taxes during the extended period of strict restrictions imposed by the government to curb the spread of Covid-19.

The country cannot reach a double digit ranking on the World Bank’s ease of doing business index without the proper implementation of policy and regulatory reforms, according to the Bangladesh Investment Development Authority (Bida).

The finance ministry has asked ministries and divisions to take more austerity measures and ensure transparency during public procurement as the government has placed utmost priority in health, social safety net and economic management to tackle the coronavirus pandemic.

Local jewellers can now import unrefined precious metals, gemstones and ores under the revised draft of the Gold Policy-2018 approved by the government yesterday.

Bangladesh should embrace technologies to counter the impacts of the coronavirus pandemic and accelerate digital transformation to make the country a developed nation, experts said yesterday.

Stock market yesterday witnessed the highest turnover in four months, crossing Tk 1,500 crore, thanks to increased participation of institutional investors prompted by a continuous rise of the index.

A once vibrant musical instruments business has slowly lost its lustre, according to traders, musicians and market analysts.

The Chittagong Chamber of Commerce & Industry (CCCI) has had a director elected.

Friends will hug and pints will be pulled as swathes of the British economy reopened on Monday, giving 65 million people a measure of freedom after the gloom of a four-month Covid-19 lockdown.

Saudi Arabia plans to soon reopen to foreign tourists, a senior tourism official said on Monday after the kingdom announced the lifting of quarantine restrictions for certain foreign arrivals.