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New tax exemption ceiling may increase by 14pc

After keeping the threshold for tax-free income stable for two consecutive years, the government on 2015-2016 fiscal year plans to increase the tax ceiling.The new tax exemption ceiling may be set about 14% higher at Tk 250,000 for fiscal Tax-450x2992015-16, said a finance ministry official. At present, individuals’ incomes up to Tk 220,000 get the immunity. “We are considering placing the proposal in parliament in view of the new pay scale for government employees and the rising costs of living due to inflation,” the ...

Tata Motors unveils Prima range in Bangladesh

Auto major Tata Motors today said it has launched its Prima range of heavy commercial vehicles (CVs) in Bangladesh. The company, in partnership with Bangladesh-based Nitol Motors, has rolled out models under the Prima brand catering to tipper and cargo segments. tata prima“The launch of the PRIMA range in Bangladesh is an important milestone in Tata Motors’ continued expansion in the Bangladesh market and the SAARC region,” Tata Motors Executive Director, Commercial Vehicles Business Unit, Ravi Pisharody said in a statement. As a ma...

Deadly blast hits Shiite mosque in Saudi

A blast ripped through a Shiite mosque in eastern Saudi Arabia on Friday, authorities said, in what an activist said was a deadly suicide bombing. saudi shia mosque attackThe interior ministry said a large explosion hit the mosque in Kudeih in the Shiite-majority Qatif region during the main weekly prayers. An activist said at least four worshippers were killed and others wounded.

-AFP . R...

PM Modi’s visit to Bangladesh being worked out: Envoy

Ahead of Prime Minister Narendra Modi‘s visit to Bangladesh likely in the first week of June, the country‘s envoy Syed Moazzem Ali on Thursday expressed happiness over the Land Boundary Agreement (LBA) with Bangladesh being “finally settled”. On the other long-pending issue of Teesta water sharing accord, the envoy said there was need for greater collaboration between the two countries to “conclude Teesta as soon as possible”. pm-narendra-modi_650x400_51424803339Ali expressed his “dee...

Dhaka the ‘2nd worst liveable city’

The Economist Intelligence Unit (EIU) has published the list of 10 worst liveable cities in the world with Dhaka, the capital of Bangladesh, in the second top of the chart. DhakaThe EIU’s “liveability” study looks at how “tolerable” a city is to live in given its crime levels, threat of conflict, quality of medical care, levels of censorship, temperature, schools and transport links. According to the latest chart, Dhaka is followed by Port Moresby, Papua New Guinea; Lagos, Nigeria; Harare, Zimbabwe; Algiers, Algeria; Karachi, Pakistan; Tripoli,...

Direct bus between Agartala, Kolkata via Bangladesh likely

A direct bus service between Agartala and Kolkata through Bangladesh is expected to be finalised during Prime Minister Narendra Modi’s forthcoming visit to Dhaka, Tripura’s new Governor Tathagata Roy said here Wednesday. bd-india“I have learned that the direct bus service between Agartala and Kolkata via Bangladesh is expected to be finalised when Prime Minister visits Dhaka next month,” Roy told reporters after the swearing-in ceremony. He said it would “open a new era in the India-Bangladesh relations” and that “the people of Tripura and ...
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