Author: Sumon Admin

    State Minister for Power and Energy Nasrul Hamid says that prices of gas and of electricity are going to increase at consumer level. He adds that new prices are likely to be effective from the 1st of September. Bangladesh Energy Regulatory Commission, BERC is expected to make an announcement in this regard this afternoon. Gas price may increase by more than 25 percent, while electricity price may rise by 3 percent on an average. Gas price was last increased in 2009, while the pow-er price was last hiked in March last year. At the beginning of this year, the energy regulatory commission held hearings in response to the requests of distributors for the hike of gas and electricity prices. Bangladesh Energy Regulatory Commission (Berc) has increased the average power retail pri...

    The National Board of Revenue (NBR) has decided to be tougher against the use of fake band-rolls and stamps against Bidi and cigarette companies as the revenue collector of the national exchequer has got some allegations in this regard. According to sources at the NBR, some bidi and cigarette-producing companies are using fake band-rolls and stamps to evade tax. "The amount of the tax evasion is hefty and it came in the light following an inquiry," a senior NBR official told the news agency. He said the country's some tobacco companies have long been using fake band-rolls and stamps to evade the Value Added Tax (VAT). The Board also asked its field-level offices across the country to intensify their surveillance. The NBR official said they have collected samples from the r...

    The grateful nation is paying rich tribute to Father of the Nation Bangabandhu Sheikh Mujibur Rahman on his 40th anniversary of martyrdom with observing the occasion as National Mourning Day at the state level. To mark the day, the government, ruling Awami League (AL), its front and associate bodies, different socio-cultural, political and professional bodies held elaborate programmes. On this day in 1975, the Father of the Nation along with most of his family members was assas-sinated by a section of disgruntled and ambitious army personnel. His two daughters - Sheikh Hasina, now prime minister, and Sheikh Rehana-escaped the bloodbath as they were abroad. The day was a public holiday. The day's programme started with the hoisting of National Flag at half-mast and raising ...