15th BASIS SoftExpo 2019 kicks off March 19

With the slogan Technology for Prosperity, a three-day BASIS SoftExpo 2019 begins on March 19 at International Convention City Bashundhara (ICCB). The event will be a congregation of ICT companies, personalities, key policy makers, industry leaders and other ICT stakeholders...

All players on the export front are not getting equal treatment in their access to the indirect incentives, though those regulatory facilities cost the government billions in the form of 'tax exemption.' The government provides the export-oriented industries the regulatory incentives including bonded warehousing, duty drawback and credit support from the Export Development Fund (EDF) of the central bank at a cheap rate to boost their shipments. But the people well versed in the discourse told the FE that the incentives given by the government failed to yield the optimum benefit due to lack of a level-playing field for all on the export front. They said the modern warehousing automation standards and global best practices were not being followed in...

NBR picks legal expert for new VAT law

The National Board of Revenue (NBR) has appointed a temporary legal expert for drafting the new VAT and income tax law in Bangla. A.K Mohammad Hossain, a legal analyst and drafter, will work as a consultant to expedite the process...