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

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Rate last updated: 02/01/2014 11:15:04 AM

Daily Business News Flash June 19, 2022

New taxpayers: NBR relaxes rules on spot assessment

The National Board of Revenue (NBR) has broadened and relaxed the rules for bringing new taxpayers under the tax net by assessing their incomes on the spot. As such, the revenue authority will be able to register new taxpayers through spot assessments from the next fiscal year, expanding its reach from shopping centres or commercial markets for identifying businesses and professionals, who despite having taxable income, still remain outside the net. Taxmen will not raise any question regarding the source of capital, according to the Finance Bill 2022 placed by the finance minister for the next fiscal year. Various stakeholders, including leading chambers, have been demanding the NBR bring more people under its coverage to increase the collection of income tax, which accounts for 32 per cent of the government’s total revenue. If anyone shows annual income of Tk 5 lakh and pays tax of Tk 15,000, he would be able to show Tk 25 lakh as initial capital.

Source: https://www.thedailystar.net/business/economy/industries/tax-customes/news/nbr-relaxes-rules-spot-assessment-3050766

Laundered money: Tk 1,294cr confiscated since FY17

The Bangladesh Financial Intelligence Unit (BFIU) has confiscated Tk 1,294 crore from money launderers since the fiscal year of 2016-17 as per court orders, said the agency yesterday. A total of 46 court cases were involved in the confiscation process. In addition, Tk 1,330 crore was seized since FY16 from entities and persons who were allegedly involved in money laundering. The BFIU, the national body dedicated to preventing money laundering and terrorist financing, organised the event to mark its 20th anniversary. The country’s foreign currency reserves now stand at $41.5 billion, which is enough given the current trend of imports.

Source: https://www.thedailystar.net/business/economy/news/tk-1294cr-confiscated-fy17-3050771

Meta to sell virtual clothes for real money

Facebook owner Meta Platforms is launching a digital clothing store where users can purchase designer outfits for their avatars, Chief Executive Mark Zuckerberg said on Friday. A Meta spokesperson said they would be priced between $2.99 and $8.99, much less than the real outfits by those designers. Prada’s Matinee ostrich leather bag, for example, sells for $10,700. Avatars have emerged as one way for Meta to link user identity across Facebook, Instagram and its other services, as it increasingly ties the platforms together and steers toward building an immersive “metaverse” of shared, interconnected digital worlds where users can gather.

Source: https://today.thefinancialexpress.com.bd/trade-market/meta-to-sell-virtual-clothes-for-real-money-1655569163

Local and Global Stock Indices *

Index NameClose ValueValue ChangePercentage Change
DJIA$ 29,888.78
↓ 38.29↓ 0.13 %
FTSE100$ 7,016.25↓ 28.73↓ 0.41 %
Nikkei 225$ 25,963.00↓ 468.20↓ 1.77 %

World Commodities *

CommodityClose ValueValue ChangePercentage Change
Crude Oil (WTI)$ 109.56↓ 8.03 ↓ 6.83 %
Crude Oil (Brent)$ 113.12↓ 6.69↓ 5.58 %
Gold Spot$ 1,839.39↓ 17.94↓ 0.97 %

Major Currencies Exchange Rates Movement in Last Seven Days *

Exchange Rates
USD 1BDT 92.8000
GBP 1BDT 113.0397
EUR 1BDT 96.9389

*World Commodities & Local and Global Stock Indices data are taken from bloomberg.com<

* Exchange Rates are taken from BB website, as on latest update.<




Dear Valued Patrons,

At the very onset, let me express my heartiest gratitude for allowing us to serve you and I also wanted to reach out to you directly with an assurance that Dhaka Bank is fully equipped to support you during this difficult time.

Last couple of weeks ago we all were living in a peaceful condition, performing our daily tasks freely and perfectly. Entire economy and business environment was also in a good shape, until COVID-19 put a forceful stoppage to the overall life style and economy of the world. We all know that social distancing and cleanliness are the keys to prevent this pandemic. Hence, we urge your conscious effort to limiting public interaction and suspending wherever possible.

In this current situation, Dhaka Bank and its employees are beside you where we are fully online, either working from home or at our offices under a robust Business Continuity Plan (BCP) to serve you with limited branch banking and a full-fledged alternate delivery channel services.

Our state of the art Mobile App, Dhaka Bank GO (Click https://bit.ly/2WVfieu) and Internet Banking - Dhaka Bank Direct gives you the freedom of banking online anytime from anywhere. You can check the balance and transfer money to any designated Banks including any Dhaka Bank or bKash Account, make utility bill payments and mobile top-up through our Mobile App and Internet Banking Services. Our ATMs are also running efficiently with availability of sufficient cash for your convenience where you can make cash withdrawals whenever the need arises. Mentionable, the withdrawal of cash from any ATMs within Bangladesh with Dhaka Bank Debit Cards are absolutely free of charges up till April 30, 2020 (Dhaka Bank will bear the cost). Our corporate customers can also use our completely safe and secured online platform Dhaka Bank C-Solution for Payments, Inter Bank Fund Transfers, etc.

Moreover, to fulfill your urgent requirement, we have a limited no. of branches up and running by ensuring all kinds of precautionary and safety measures for you.

In case of extreme emergency and facing difficulties in conducting banking transactions, please let us know through our 24/7 Contact Center number 16474 (or, dial +8809678016474 for ISD/Overseas Calls). We are always with you to combat your difficulties.

As you know we are going through a critical phase and the situation is novel to all of us. We are getting lot of new information from various sources everyday about COVID-19 which will be shared at www.dhakabankltd.com.

Thank you for your trust and continued support to us. I firmly believe that jointly we will be able to combat this situation and win against all the odds.

Please stay home, stay safe and take care of yourself and family.

Best regards,

Emranul Huq
Managing Director & CEO
Dhaka Bank Limited