Mohammad Suman

NBR server glitch disrupts port, customs operations

Major customs houses across Bangladesh, including that in Chattogram, have been facing delays in processing exports and imports for days now due to recurring slowdowns in the server that handles the records.

12h ago

Ctg port seizes Tk 3cr worth of undeclared fabric

The consignment was imported under the name of Savar-based exporter Eagle Textile

15h ago

One in three factories in Ctg BSCIC estates stands idle

Degrading infrastructure cripples Chattogram's BSCIC estates, leaving a third of factories idle

3w ago

Baggage rules for gold tightened

The government has introduced stricter regulations on the import of gold bars and ornaments under newly updated baggage rules while offering some leniency in other areas.

1m ago

Reducing penalty on false declarations will encourage smuggling: experts

In the Finance Ordinance 2025–26, presented on Monday, the government proposed amending the Customs Act 2023 and revising the penalty structure for tax evasion related to intentional false declarations during import clearance, reducing the minimum fine from twice the evaded amount to an equivale

1m ago

Tax-free income ceiling to stay the same

The interim government is set to introduce a wide range of tax and duty reforms in the upcoming fiscal year to facilitate the country’s smooth graduation from Least Developed Country (LDC) status and drive economic growth.

1m ago

What are the likely tax and duty measures in FY26?

These include steps to reduce the cost of doing business and align tax policies with the requirements of LDC graduation

1m ago

Cancer drugs, insulin to get cheaper as NBR plans tax cuts

The government is going to expand import duty exemptions on pharmaceutical raw materials and medical equipment, with 79 new items expected to be added to the duty-free list in the upcoming national budget.

1m ago
November 16, 2024
November 16, 2024

Ship from Karachi port: What was in the cargo?

Most of the cargo that arrived from Karachi contained industrial raw materials, including soda ash, dolomite, limestone, chemicals, onion, fabrics and potatoes

November 16, 2024
November 16, 2024

Cybergangs breaking into NBR server at will

On May 20, 2024, Chattogram Custom House Deputy Commissioner Mohammad Zakaria was in Kolkata, India, where he had gone for treatment a week earlier.

November 15, 2024
November 15, 2024

Unable to open LCs, seven S Alam factories shut down

An inability to open letters of credit (LCs) since the political changeover on August 5 has resulted in the closure of at least seven enterprises owned by the S Alam Group, including its sugar and edible oil refineries and steel factory.

October 27, 2024
October 27, 2024

A good example of a bad plan

A year on, Karnaphuli tunnel losing over Tk 27 lakh a day

October 20, 2024
October 20, 2024

Two S Alam sons dodged Tk 75cr in taxes in 20-21

At least six tax officials, including the then tax commissioner, were involved in extending undue favour to two sons of controversial businessman Mohammed Saiful Alam to legalise undisclosed money worth Tk 500 crore, an investigation by the tax intelligence has found.

October 15, 2024
October 15, 2024

Egg supplies take a hit

The Tejgaon Egg Merchants’ Association, which delivers about 15 percent of the daily supply of 1 crore eggs in the capital, stopped sales from Sunday night claiming it was to avoid harassment by the government authorities.

October 8, 2024
October 8, 2024

NBR detects Tk 1,400cr of unpaid VAT of S Alam firms

Ten companies of S Alam Group have been ordered to pay Tk 1,414 crore of unpaid value-added tax (VAT) they allegedly “evaded” in the past two years.

October 6, 2024
October 6, 2024

Prices of essentials: Rains, supply dearth cause spike

The prices of rice, eggs, broiler chicken, soybean oil, palm oil, sugar and vegetables have increased significantly in Dhaka due to a supply shortage and incessant rain.

September 29, 2024
September 29, 2024

S Alam’s tax file shows no foreign income

S Alam Group owner Mohammed Saiful Alam’s 2022-2023 tax file is a puzzle. In that tax year, he declared personal assets worth Tk 2,532 crore, but did not show any personal bank loans from Bangladesh or his foreign income.

September 18, 2024
September 18, 2024

S Alam sons: They used fake pay orders even to legalise black money

Ashraful Alam and Asadul Alam Mahir, two sons of controversial businessman Mohammed Saiful Alam, deprived the state of Tk 75 crore in taxes by legalising Tk 500 crore in undisclosed income, documents obtained by The Daily Star have revealed.