Axiata Chief spends busy day in city
Managing Director/President and Group Chief Executive Officer of Axiata Group Berhad, Tan Sri Jamaludin Ibrahim, has wrapped up a daylong visit to Bangladesh with a pact schedule.
During his visit, Tan Sri Jamal presided over review meetings to assess Robi’s business operation. He also attended an iftar gathering organized by Robi Axiata Limited where he exchanged views with a number of key Bangladeshi stakeholders.
Hon'ble Chairman, Parliamentary Standing Committee on Ministry of Posts Telecommunications and Information Technology, Imran Ahmed, MP, Hon’ble State Minister, 
5pc VAT on e-commerce
Finance Minister AMA Muhith on Thursday suggested to impose VAT on e-commerce business as the platform rising popularity day by day. During his budget speech in the Parliament for fiscal 2018-19, Minister Muhith proposed to impose 5 per cent VAT on all e-commerce, 
including those using Facebook for sales, reports UNB.
However, he did not specify how the VAT to be imposed, but what he spoke of is a definition of ‘Virtual Business’ which will serve to the purpose of bringing e-commerce under VAT.
“The use of inter...
including those using Facebook for sales, reports UNB.
However, he did not specify how the VAT to be imposed, but what he spoke of is a definition of ‘Virtual Business’ which will serve to the purpose of bringing e-commerce under VAT.
“The use of inter...
DCCI hails budget
Dhaka Chamber of Commerce and Industry (DCCI) today hailed several proposals of the national budget for fiscal 2018-19 (FY19), but requested the government for considering a cut of at least 2.5 percent in the corporate tax in all categories.
“The government can reconsider slashing corporate tax in all categories at least 2.5 percent,” 
said DCCI President Abul Kasem Khan in his initial reaction to National Budget FY19, said a release here.
In the proposed budget, he said, the government has only reduced 2.5 percent corporate t...
said DCCI President Abul Kasem Khan in his initial reaction to National Budget FY19, said a release here.
In the proposed budget, he said, the government has only reduced 2.5 percent corporate t...
Price up, Price down
Different products would be costlier and cheaper as finance minister A M A Muhith today in the new budget proposed some changes to tariff on those.
Besides, the finance minister also proposed to impose 5 percent VAT on e-commerce and digital business platforms such as facebook, google, youtube etc in the budget for fiscal 2018-19.
Price would be decreased: locally assembled cellular phone, cheap loaf, bread, buns, 
handmade biscuits and cakes, cheap sandals and slippers made of rubber and plastic, hybrid motor car, raw ma...
handmade biscuits and cakes, cheap sandals and slippers made of rubber and plastic, hybrid motor car, raw ma...
Tk 4,64,573cr budget for FY19 setting 7.8pc growth target
Finance Minister Abul Maal Abdul Muhith today rolled out a Tk 4,64,573 crore national budget for fiscal year 2018-19 setting the GDP growth target at 7.8 percent and outlining a set of plans-strategies to build a prosperous, happy and peaceful country.
“Our main objective of budget preparation is to alleviate poverty, reduce inequalities and bring basic and qualitative changes in people’s living standard. Regional parity, human resources development, infrastructure development as well as assuring quality of expenditure are focused in allocation of resources,” said the finance minister while placing the proposed budget 
Structural transformation of the economy
By Finance Minister A. M. A. Muhith
As economy develops, a country's agriculture, industry and services sectors are also transformed. The economy consolidates during this process of development if the contributions of industry as well as services sectors to GDP are the rise. In the case of Bangladesh, encouraging signs of structural transformation are gradually becoming visible albeit the strong presence of agricultural sector in food production and employment generation is still there. In FY2005-06, the contributions of agriculture, industry and services
