Government is to cut 5% VAT more on internet use. Therefore, among the existing 15% VAT, 10% gets exemption.
Earlier on last June 21, a decision was taken to reduce up to 5% VAT on internet use. Later, Mustafa Jabbar requested the honorable Finance...
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From now on, students are allowed to use credit cards on 16 years of age. But, this credit card will be provided to their guardians. They will get the additional or supplementary card. Credit card user must be student and above 16 years of age. Central Bank has introduced this amendment regarding credit card users’ age issue through a communiqué.
Previously, an...
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From now on, online shopping companies will get the opportunity to export their products even to the individual foreign consumers through banking channel on regular basis. In this regard, Bangladesh Bank issued a guideline on June 11 which shows that bank will work as...
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15% VAT has to be paid on mobile handsets assembling in the country which may bankrupt the investors of this recent uprising sector in the country, as the entrepreneurs think. According to them, due to this VAT, tax imposed on mobile handsets assembled in the country is more than the tax imposed on mobile phones imported from outside the country. As a result, the sector may collapse right here and those who alrea...
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Different online based businesses are rapidly growing in the country. Government now intends to impose tax on such kind of business. In the budget session of the current fiscal year, Honorable Finance Minister Abul Maal Abdul Muhith has proposed to impose tax on virtual businesses.
Minister said- Utilizing internet or social media, different trades on products or services are remarkably grown up. Aiming to expand t...
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Mobile banking service is getting popular rapidly throughout the world. During last five years, usage of banking apps got increased 34 lakh per year on an average. As per a report of financing service research institution ‘CSI’, last year around 20 million 20 lakh users across the world made money transactions and deposited their money through installing banking apps i...
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bKash has reduced taka 3.50 as cash out charge through mobile apps. Now it has been fixed taka 15.00. Besides, bKash has also withdrawn the charge in regard of sending money to personal numbers. The bKash app was...
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A Memorandum of Understanding (MoU) has been signed between ‘bagdoom.com’, country’s one of the top lifestyle e-commerce platforms and ‘M&U Distribution Limited’, the Bangladeshi distr...
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Aiming to progress the development in e-commerce sector of Bangladesh, like every year, ‘e-Commerce Day’ was celebrated on the eve of Pahela Baishahkh (Bangla News Year) on April 7, 2018 presented by SSL Commerz. The program was jointly o...
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