The Indian UPA government led by Congress is learned to have got the BJP’s support for tabling the bill related to the Land Boundary Agreement (LBA) with Bangladesh in the winter session of parliament beginning on Thursday, signalling its intent to Dhaka to go ahead with the landmark pact.
However, the bill is unlikely to be taken up for ratification, with the BJP making it clear that the government will have to explain its political limitations to Bangladesh, reports The Indian Express on Monday.
Quoting reliable sources the daily said the bill will be introduced in the Rajya Sabha so that it remains alive in the new parliament after the general election.
The BJP, it is learned, has come around to the view that this is how far it can go in an election year, although it is not ...
DAILY INDICATORS
Sunday Previous
Taka/US $ (inter-bank) 77.75-77.75 77.75-77.77 Call money rate (inter-bank) 06.00-07.75 05.50-07.75 Dhaka Stock Exchange index 4,147.21 4,230.66
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MONTHLY
CURRENT PREVIOUS Growth in: Consumer price index (BBS) Change yr/yr (pct) Oct. 7.03 7.13
M2 supply (bln taka) (BB) Sept. 6,267.23 6,199.89 Forex reserves ($bln)(BB) Nov. 17.11 17.35
Exports(FOB) ($mln)(BB) Sept. 2,590.24 2,031.44 Imports(FOB) ($mln)(BB) August 2,658.00 3,125.00 -------------------...
The National Board of Revenue (NBR) is going to trace out those who have bought a land at over Tk 10m in the country’s any metropolitan city but evaded paying taxes.
This type of tax dodgers either did not register with TIN or showed less than actual price of land in tax file, said NBR sources.
The central intelligence cell of NBR has also been involved in the collection of information about those land purchasers without paying taxes particularly in posh areas such as Gulshan, Banani and Baridhara in the capital, reports the Dhaka Tribune.
“We are now collecting information from the sub-registry offices about such tax dodgers,” said an official.
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Seeking security, top business leaders on Sunday sent out a strong message for two top leaders — Prime Minister Sheikh Hasina and BNP Chairperson Khaleda Zia — and urged them to stop violence immediately giving space for smooth functioning of the country’s economy.
“We can’t be helpless witnesses to the gradual destruction of the sector (RMG). You (Hasina-Khaleda) can do politically whatever you like, but nobody has the right to destroy the RMG sector. The RMG sector is our pride,” President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Kazi Akram Uddin Ahmed told reporters at a joint press conference.
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President M Atiqul Islam, ICC...
Due to political turmoil in Bangladesh and depreciation of rupee against the dollar, trade decline between the India’s northeastern states and its eastern neighbour has enormously affected the Indian economy, officials and traders said.
With the depreciation of the Indian rupee against the dollar and political turmoil in Bangladesh, trade between the northeastern states and India’s eastern neighbour has been enormously affected, officials and traders said.
According ...
UN High Commissioner for Human Rights Navi Pillay urged the Bangladesh political leaders on both sides to stop political violence and their ‘destructive brinkmanship’.
“Whatever their differences, political leaders on both sides must halt their destructive brinkmanship, which is pushing Bangladesh dangerously close to a major crisis,” Pillay said in a statement issued from Geneva on Sunday.
Instead, she said, they (political leaders) must fulfill their responsibility and use their influence to bring this violence to an immediate halt and seek a solution to this crisis through dialogue.
The statement came at a time when the...
