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Per capita income drops
According to the final accounts for the fiscal year 2023-24, the per capita income of the country has decreased by 46 dollars, as reported by the Bangladesh Bureau of Statistics (BBS). The report states that Bangladeshs per capita income has now decreased to 2,738 US dollars, a drop of 46...
Per capita income shrink in dollar, grow in taka
The per capita income in the country grew in the local currency taka but shrank in US dollar terms in fiscal year 2023-24, according to the latest figures from the Bangladesh Bureau of Statistics (BBS). The shift highlights the impact of the takas depreciation amid economic challenges. Final...
‘Taxpayers can submit income tax return online round the year’
National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan said taxpayers can now submit their income tax return round the year online but they have to pay extra charge. He made the announcement while speaking at the World Customs Day programme held at the Multipurpose Hall of the NBR where...
Govt ends special OMS program for low-income people
The government has decided to discontinue the special Open Market Sale (OMS) program that provided low-cost agricultural products to low-income groups via trucks. Finance Advisor Dr. Salehuddin Ahmed announced on Tuesday that the program would cease operations starting January, following a decision...
Bangladesh exports some $38.5 bn in RMG last year
In 2024, Bangladesh earned a total of $38.48 billion from ready-made garment (RMG) exports. As usual, the European Union (EU) beat the list with 50.34 per cent of the total export earnings, which is $19.37 billion. During the month of January to December the previous year, RMG products worth...
United States overtakes UAE as leading source of expatriate remittances
The United States has surpassed the United Arab Emirates (UAE) in sending the most expatriate income, maintaining the top spot for three consecutive months. This marks a significant shift in global remittance trends, driven by a steady increase in U.S. expatriate remittances since political changes...
Tulip Siddiq faces £10,000 fine for failing to secure energy certificate for rental property in UK
United Kingdoms (UK) Treasury Minister Tulip Siddiq could be facing a 10,000 fine after failing to secure an Energy Performance Certificate (EPC) for her rental property, The Mail on Sunday has learned, reports Daily Mail. This latest issue comes after Siddiq, niece of ousted prime minister of...
Online tax return filings exceed 6 lakh
The number of online income tax return submissions in Bangladesh has surpassed six lakh. Moreover, over 13 lakh registrations for online return submissions have been recorded so far, according to a statement issued by the National Board of Revenue (NBR) on Sunday. The statement highlighted that...