‘Char Dwellers’ in search of higher ground
Families who live on ‘chars’ – river islands formed from sedimentation – are extremely vulnerable to natural disasters. This family wades through floodwaters left behind after heavy rains in August caused major rivers to burst their banks in northern Bangladesh.
Jahanara Begum, a 35-year-old housewife, is surrounded by thatched-roof homes, all of which are partially submerged by floodwater.
Heavy rains throughout the monsoon months, beginning in August, left thousands of people in northern Bangladesh homeless or in dire straits as the mighty Brahmaputra, Dharla and Teesta rivers burst their banks, spilling out over the countryside.
Income tax return extended till Nov 30
The National Board of Revenue (NBR) has extended the deadline for submitting income tax until November 30 this year.
The decision was taken following written requests submitted by several businesses’ and professional bodies, said Syed MA Momen, public relations office of the NBR, today.
According to him, many people could not file their tax returns as they are yet to return from Eid-ul-Azha and Puja vacations and many others are still abroad for hajj.
“And so under this circumstances, the deadline for submitting the income tax has b...
The decision was taken following written requests submitted by several businesses’ and professional bodies, said Syed MA Momen, public relations office of the NBR, today.
According to him, many people could not file their tax returns as they are yet to return from Eid-ul-Azha and Puja vacations and many others are still abroad for hajj.
“And so under this circumstances, the deadline for submitting the income tax has b...
Spending on infrastructure falls on increased debt
The country’s public spending in physical and socio-economic infrastructure has come down substantially on jump in per capita debt, share of debt in GDP and debt service payment as well.
These are also escalating intergenerational debt burden in the future. The domestic debt might reach Tk. 260,498.44 crore and Tk 318,953.08 crore in FY15 and FY16 respectively, which was Tk 202,044 crore in FY14.
The 
(UO), an independent multidisciplinary think-tank, in its October issue of Bangladesh Economic Update 2014, rev...
(UO), an independent multidisciplinary think-tank, in its October issue of Bangladesh Economic Update 2014, rev...
Agrani Bank moves to reduce high-cost deposits
State-owned Agrani Bank is reducing its high-cost deposits to minimise the burden of liabilities in the wake of a fall in profitability in the entire banking sector due to the existing investment slowdown.
Agrani Bank’s outstanding deposit soared to Tk 35162.07 crore in September this year from Tk 33429.89 crore in the same period last year, according to data available from Bangladesh Bank (BB).
On the other hand, loans and advances at the state-run bank stood at only Tk 22337.97 crore in this September, reports the Daily Sun.
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Politics and the past in Bangladesh: Dialling down
A series of trials for war crimes still matter politically, but less than before
IT IS rare to be sentenced to death twice over. On October 29th Bangladesh’s self-styled International Crimes Tribunal told Motiur Rahman Nizami (pictured), leader of the country’s main Islamic party, Jamaat-e-Islami, that he would hang. The tribunal convicted the 71-year-old of murder, rape and looting as a pro-Pakistani militia leader during the country’s war of secession from Pakistan in 1971. Mr Nizami’s sentence came on top of a separate one from a criminal court in January, ordering his execution after he was convicted over a big haul of arms, destined for insurgents in India’s north-east, that was discovered in 2004, when he was in government.Bangladesh’s S&T revolution has hitch
Vision 2021, Bangladesh’s development strategy, sees the country becoming a middle-income nation by 2021, in large part by super-charging its science and technology (S&T) sector to drive economic growth.
A ‘digital Bangladesh’ revolution is already underway with the introduction of machine-readable passports; electronic voting cards; driving licences and vehicle number plates; online public services for checking exam results; registering land and tax and using mobile phones to buy train tickets.
In 2010 Parliament passed a new S&a...
In 2010 Parliament passed a new S&a...
