Pavement businesses will increase pressure on city life
Pavement businesses will increase pressure on city life

Debate has erupted over the initiative to introduce a new policy for managing street vendors in the capital. Experts say that allowing hawkers to conduct business on pavements at minimal cost, while lawful shop owners pay taxes, VAT and high rents, could create unfair competition and a new form of...

Minimum tax despite losses a burden for businesses
Minimum tax despite losses a burden for businesses

Anwar-ul Alam Chowdhury Parvez, President of the Bangladesh Chamber of Industries (BCI), has said that businesses are required to pay a minimum turnover tax of 1 percent even when they incur losses, describing it as a burden on enterprises. He also noted that many foreign buyers are suspending...