The Centre for Policy Dialogue (CPD) today called upon the government to formulate separate law to deal with the black money and benami (bought in other’s name) properties, within and outside the country. The think-tank made the proposal after it found that fiscal measures on ad hoc basis to whiten black money had failed to bring undisclosed money and benami properties into the mainstream economy. “It is now important to formulate a predictable legal framework where tax rate should be above the marginal rate,” Dr Debapriya Bhattacharya, distinguished fel...

Bangladesh is set to honour former Prime Minister Atal Bihari Vajpayee for his outstanding support for the country’s independence from Pakistan in 1971 when he was a Lok Sabha member. A Foreign Ministry spokesman familiar with the process said Bangladesh will hand over Mr Vajpayee’s “Friends of Bangladesh Liberation War Award” to Prime Minister Narendra Modi during his upcoming visit to the country from June 6. Mr Vajpayee, who is unwell, could not visit Bangladesh to rece...

The government will set up a tax office in each upazila. These offices aim to identify tax payable residents in divisional headquarters and district towns and provide them with e-TINs for bringing them under the tax net. This decision has been taken as the government aims for a huge target of tax revenue. The targeted tax collection is Tk 176,370 crore for the 2015-16 fiscal. Of the total amount, the major portion will come from the Income Tax wing which is Tk 65,932 crore. The target for collection from VAT has been fixed at Tk 63,902...

Redcarpet365 Ltd in association with Freelancerz organizes the 4^th Edition of International Exhibition on Branded Clothing & Fashion Products, named as 4^th Bangladesh Fashion Carnival 2015, to be held from 3 ~ 7 June 2015 at Emmanuelle’s Banquet Hall, Gulshan 1, Dhaka – Bangladesh. About 45 companies from Home & Abroad are participating in this dazzling exhibition. This exhibition is targeted to huge Eid Ul Fitr shopping & carrying a slogan as “Do your EID Shopping with us”. We are focusin...

The trial run of a bus service between Agartala and Kolkata via Bangladesh will be held on June 1-3, a minister said here on Friday. “As a part of the trial run, a bus carrying West Bengal government officials would start from Kolkata on June 1. It will reach Agartala via Bangladesh on June 2 and would return the next day,” Transport Minister Manik Dey told reporters. He said West Bengal government’s Principal Secretary Alapan Bandopadhyay, who will lead the officials during the trial run, informed Tripura’s Transport Secretary Sama...