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VAT on biscuits reduced by half

The National Board of Revenue (NBR) has reduced the Value Added Tax (VAT) on both machine-made and hand-made biscuits by half.  A notification to this effect was issued on Wednesday, 19 February. Under the new regulation, the VAT on these products has been slashed from 15% to 7.5%. The notification specifies that the reduced VAT will apply to machine-made biscuits, as well as hand-made biscuits and cakes with a price exceeding Tk 200 per kilogram and Tk 300 per kilogram, respectively.

Prof. Niaz Zaman wins Ekushey Padak 2025

Professor Niaz Zaman, a distinguished educationist, author, and translator, and the Advisor to the Department of English and Modern Languages at Independent University, Bangladesh (IUB), has been awarded the prestigious Ekushey Padak 2025 for her outstanding contributions to the field of education and literary studies. Dr. Muhammad Yunus, Chief Advisor to the Government of the People’s Republic of Bangladesh, presented the Ekushey Padak 2025 to Prof. Zaman on February 20, 2025, at the Osmani Memoria...

Drives like Mohammadpur to continue to save people’s lives, property: ISPR

Two bodies were recovered from the rooftop of a house following a joint forces raid in Mohammadpur’s Chand Udyan area of the capital early Thursday, said Inter-Service Public Relations (ISPR). The joint forces conducted the operation around 12:30am after being tipped-off that muggers were preparing, said the ISPR in a media release. Upon receiving information, a team of the joint forces rushed to the spot and cordoned off the two ends of a lane in the area, the media release added. Sensing the pr...

Ramadan preparations hit by soaring food prices

The prices of essential commodities in Bangladesh continue to fluctuate despite large-scale imports raising serious concerns among consumers. Many people have noticed a stark contrast between the government's assurances and the actual market situation, as they struggle to afford necessities.

Retailers and wholesalers blame each other for the rising prices, while consumers suspect that a powerful syndicate is manipulating the market due to weak oversight by the authorities. S...

Political reforms on track for elections: Dr Ali Riaz

Professor Dr Ali Riaz, Vice-Chairman of the National Consensus Commission, has expressed optimism about holding national elections in December this year, given the commitment of political parties to the reform process. "I am optimistic that significant reforms can be achieved. It is not impossible, and my confidence stems from the commitment shown by political parties," Riaz stated in an exclusive interview with BSS in Dhaka. Riaz, who also chaired the Constitution Reforms Commission under the interim government,...

Bangladesh urges climate action from major emitters

Australia’s Ambassador for Climate Change, Kristin Tilley, has acknowledged Bangladesh’s efforts and investments in adaptation and mitigation initiatives, positioning the country as one of the most credible and influential voices in global climate negotiations.

During a courtesy meeting with Foreign Secretary Md Jashim Uddin at the Ministry of Foreign Affairs on Wednesday, she agreed on the importance of global partnerships in addressing th...

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