China eyes home-buying tax cuts amid real estate distresses: Bloomberg
China eyes home-buying tax cuts amid real estate distresses: Bloomberg

China is planning to lower home-buying taxes as part of a broader push to support its struggling real estate sector, Bloomberg reports, as cited by Reuters on Tuesday. A proposal under review would allow major cities, including Shanghai and Beijing, to reduce the deed tax for buyers to as low as...

No need to pay tax for income less than Tk 3 lakh 50 thousand
No need to pay tax for income less than Tk 3 lakh 50 thousand

People with income of less than Tk 3 lakh 50 thousand per year dont have to pay minimum income tax. However, people with income more than this amount will be under minimum income tax rule. The above information was shared by National Board of revenue (NBR) chairman Abdur Rahman Khan on Sunday....

Tax exemption for renewables: PDB to set more solar power plants
Tax exemption for renewables: PDB to set more solar power plants

Not only 10 projects, now the Power Division is contemplating to set up many more solar power plants as it received the NBRs notification for reinstating the tax exemption on such private investment, reports UNB. Power Division officials said it is now certain the number of solar projects is...