Traders blame low supply for high price; not enough catch in rivers even after 2-month ban
April 24 is a date that should not be and cannot be ever obliterated from our memory. Rana Plaza collapsed on the morning of a hot summer day, on April 24, 2013. At least 1,136 people, mostly garment workers, were killed and over 2,500 others injured in the deadliest garment factory disaster in history as the nine-storey building came crashing down in Savar.
The agriculture ministry has started issuing permits to importers to bring potatoes to control prices
BNP standing committee member Abdul Moyeen Khan today said the "cold-blooded' attack on BNP rally was "slyly crafted" by the government in a bid to crush people's aspiration for the restoration of democracy in the country
The BNP yesterday alleged that the government drew up a “master plan” to attack its rally after witnessing the enormous gathering.
At least 17 journalists were injured during clashes in the capital yesterday and several of them were reportedly attacked by BNP men.
Downtown Dhaka turned into a battlefield yesterday as BNP activists and police clashed, leading to the death of a policeman and a ward-level BNP leader.
The buses were torched in Kalshi, Hemayetpur, Gazipur from 9:18pm to 9:30pm
The government has spent more than Tk 28,000 crore as farm subsidies in the last two fiscal years. However, marginal farmers claim that they get very little benefits out of that.
The government will depend heavily on borrowing from Bangladesh Bank to manage its budget deficit in the next fiscal year amid the tax authority’s continuous failure to generate adequate revenues, a reliance that may stoke inflationary pressures and worsen the current economic volatility.
Though higher default loans and declining foreign currency reserves have been identified as the biggest risks to the economy of Bangladesh in recent times, Finance Minister AHM Mustafa Kamal yesterday fell short of coming up with any definitive measure to address the twin issues save offering some words of hope.
The total amount of tax subsidies given in the form of rebates, discounts, exemptions, and reduced rates has been calculated to be at Tk 1,78,241 crore in the outgoing fiscal year 2022-23.
Education ministries got a chop for the next fiscal year as the proposed development allocation for them is lower than the allocation of the outgoing fiscal year.
People may not get any respite from increased healthcare cost as the share of the budget allocation for the health sector has been reduced for next fiscal compared to that of the outgoing year.
There is no new incentive for local industry development in the proposed fiscal budget
He also proposed keeping the duty in force until June 30 of 2025.
The unquestioned amnesty to bring back money stashed abroad is not going to continue in 2023-24 fiscal year, which begins in July.
“If a person is not liable for tax, how can you really tax the person? This is a desperate attempt to increase direct taxes,” he added.
