The National Board of Revenue (NBR) has directed all VAT commissionerates to form six-member committees in each circle to enhance Value Added Tax (VAT) collection from the tobacco sector and curb illegal trade.
In a recent directive issued by the Large Taxpayers Unit (LTU), the revenue authority emphasised the need for stricter monitoring amid concerns over growing illegal tobacco sales, which are costing the government significant revenue.
Each committee will be led by the respective circle revenue officer as convener.
The Anti-Corruption Commission (ACC) is set to open over 300 secret lockers registered under the names of Bangladesh Bank officials in the presence of magistrates.
A-20 member ACC team led by Director Kazi Sayemuzzaman reached the central bank on Sunday afternoon to open the lockers.
These officials had kept valuables including gold and foreign currencies in these lockers, believing them to be secure under legal protection.
The ACC recently obtained court approval to open these lockers as they suspect significant assets are being stored within, according to sources.
Former Chief Election Commissioner (CEC) Justice Md Abdur Rouf passed away today while undergoing treatment at Insaf Barakah Kidney and General Hospital in the capital.
He was 91.
The former Appellate Division judge breathed his last around 9:55am.
He had been suffering from lung complications, heart disease, kidney ailments, and age-related illnesses for a long time.
The Bangladesh Bank (BB) will announce its monetary policy statement (MPS) tomorrow for the second half of the financial year 2024-25.
BB Governor Dr Ahsan H Mansur will announce the MPS at a press conference at the central bank headquarters in the city, said a press release.
The governor will also brief journalists on the outcome of the current MPS in managing inflation, driving inflow of private sector credit and propelling economic growth.