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NBR targets Tk 4,000cr more from the rich  

The National Board of Revenue will collect an additional Tk 4,000 crore from the rich this fiscal year by applying some special measures. In the current fiscal year, a new tax slab -- 30 percent -- has been introduced for individuals in 'super-income group', which tax officials say may bring in around Tk 500 crore. The number of income taxpayers in the super-income group is around 5,000, while around 10 lakh people now submit tax returns, according to NBR. NBR1An NBR official said the number of people in the group would be higher as many hide the...

Oman, Bangladesh discuss naval ties

Senior Bangladesh naval personnel met their Omani counterparts on Monday to discuss more cooperation on military training exchanges. Two Bangladesh Navy Ships, BNS Osman and BNS Madhumati, recently paid goodwill visits to Port of Salalah (PoS) and Port Sultan Qaboos on their way back to home country after completing a tour of duty with the multinational Maritime Task Force as part of the United Nations Interim Force in Lebanon (UNIFIL). oman-bdSMAK Azad, commanding officer, BNS Osman and Commander Sharif, commanding officer, BNS Madhumati paid a courte...

Bangladeshi naval officers call MTF stint in Lebanon memorable

Bangladesh navy ships BNS Osman and BNS Madhumati docked at Port Sultan Qaboos (PSQ) for two days on the journey back to home country after a two-year stint as part of the United Nations Interim Force in Lebanon (UNIFIL) in Southern Lebanon. The ships were part of the Maritime Task Force (MTF), the naval arm of UNIFIL, set up after the 2006 Lebanon War. NavySMAK Azad, contingent commander and commanding officer, BNS Osman, said, “Naval ships of several countries took turns to take part in the maritime security stint in the last two years. We have c...

BASIC Bank gets four new directors

The government has appointed four new directors to the state-owned BASIC Bank Board of Directors for the next three years. The four new directors are Hasan Mahmud, FCA, Rayhana Anisa Yusuf Ali, former MD of Bangladesh House Building Finance Corporation, Mamun Al-Rashid, Joint Secretary of Bank and Financial Institution Division and Dr Mujib Ahmed, Professor of Accounting and Information System Department of Dhaka University, reports UNB. logo-basic-bankThe Banking and Financial Institutions Division of the Finance Ministry on Monday iss...

BASIC Bank board dissolved

A day into the resignation of BASIC Bank chairman Sheikh Abdul Hye Bacchu, the finance ministry today dissolved board of directors of the bank and appointed Alauddin A Mojid as its chairman. Mojid is currently serving as the chairman of Krishi Bank. logo-basic-bankThe ministry issued a gazette notification in this regard today, the ministry official confirmed to The Daily Star. Bacchu, the main accused behind BASIC Bank's current financial straits, handed his resignation letter to Finance Minister AMA Muhith Friday night The move ...

DMRC to train Bangladesh officials on ballastless tracks

Delhi Metro Rail Corporation (DMRC) will be organising a training programme on ballastless tracks for professionals of urban rail-based systems in the country along with those from Indonesia, Bangladesh and Nepal. "The three-day programme scheduled to be held next month will focus on various aspects of installation and maintenance of such tracks, which are now being used by most Metro systems including Delhi Metro," a DMRC official said. Ballast-less trackThe ballastless technology facilitates the movement of trains in high speed ...
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