TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK
TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK
TT-Clean: 77.1 | TK BC-Selling: 78.1
TK OD-Sight: 76.88 TK | TC-Selling: 78.1 TK
Rate last updated: 02/01/2014 11:15:04 AM
Corporate tax target at risk as banks’ profit declines Lower growth in operating profit of major corporate taxpayers has put the revenue authorities in the soup as far as attaining its tax collection target for the current fiscal year (FY) is concerned. The Large Taxpayers Unit of the revenue board’s
Read MoreLoan from saving instruments to increase in FY’17 The government’s loan from sale of saving instruments may increase over 33% in next fiscal year despite it being costlier than bank borrowing. This fiscal year too, the loan from saving instruments has already increased to BDT 280.0 billion exceeding the target
Read MorePrivate sector credit growth beats target Private sector credit growth has surpassed the target set in the central bank’s monetary policy — three months ahead of the end of the fiscal year — thanks to low interest rates and less borrowing by the government. The growth was 15.16% in March,
Read MoreBad loans increase to BDT 472.6 billion in Q1 Bad loans, the worst category of defaulted loans, in the country’s banking sector increased by 8.68% to BDT 472.6 billion in the first quarter of 2016 because of the scheduled banks’ failure in recovering classified loans amid a rise in financial
Read MoreSix banks face BDT 60.6 billion in provision shortfall Six banks including scam-hit BASIC and Sonali banks faced provision shortfall of BDT 60.6 billion against their general and defaulted loans as of March 30, 2016. Another four banks which failed to keep required provision are Janata Bank, Bangladesh Commerce Bank,
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