Cigarette prices are set to go up as Finance Minister AMA Muhith, while unveiling the budget for 2015-2016 fiscal, yesterday proposed some tax measures considering the health-risk and harmful effects of tobacco products. “Considering the health-risk and harmful effects of tobacco products, we…

Finance Minister AMA Muhith has proposed to allocate an additional amount of Tk 200 crore for the fiscal year 2015-16 towards the development of enclaves. Bangladesh will get 51 enclaves comprising 28 square km surrounded by India under the Land Boundary Agreement signed between Indira Gandhi and Sheikh…

People dreaming to buy small flats have good news as Finance Minister AMA Muhith, in his budget speech yesterday, proposed lower value added tax (VAT) for flats up to 1100 square feet.    In place of the even rate of 3 per cent VAT for the building construction sector, the finance minister…

One of the seven Jamaat-e-Islami activists arrested in connection with Wednesday’s petrol bomb attack on a bus in Chandina upazila reportedly confessed to his crime before a Comilla court yesterday, reports UNB. Senior Judicial Magistrate Sazzad Hosain recorded the statement of Abdur Razzak, hailing…

Injury-ridden Bangladesh got yet another blow when middle order batsman Mahmudullah Riyad, an important component of the team’s batting line up, was ruled of the home series against India after he fractured his finger during practice yesterday. An X-ray, performed immediately after the ball hit…

Air Vice Marshal Abu Esrar will take over the command of the Bangladesh Air Force (BAF) from June 12 next, said a release from the Inter-Services Public Relations Directorate on Thursday, reports UNB. He is set to take over the command the BAF for three years from June 12 as the Defence Ministry issued…

Indian states of Gujarat and Jammu and Kashmir yesterday banned the sale of Nestle’s instant noodle brand ‘Maggi’ for a month after the product failed the food safety test, reports PTI. The government of Tamil Nadu state has also banned the sale, storage and manufacturing of Maggi…