National Board of Revenue (NBR) plans to take tougher steps to check under-invoicing in imports of luxury items such as auto and refrigerator aimed at raising annual revenue, officials said.

The first ever online tax payment service is going to start on 26 May, with the slogan ‘Pay online, anytime anywhere.’Prime Minister Sheikh Hasina is expected to inaugurate the online tax payment system.

Emranul Huq has recently been promoted as the deputy managing director of Dhaka Bank, the bank said in a statement yesterday.

The "Business Conference-2012" of Standard Bank Ltd. (SBL) was held recently in the city under Chairmanship of Managing Director Mr. S.A. Farooqui.

Afzalul Haq in the first of a three-part article on bank capital standard There has been an apparent dimensional change in the recent times between the capital standards of banks in two paradigms. These two paradigms may be categorised: firstly, as the paradigm before, and secondly, as the parad...

Abul Hossain concluding his two-part article on investment documentation Weak and fake documents have become a headache of the bankers all over the world. The bankers must take utmost care in documentation since they deal with public money and will be held liable for non-realisation/nonrecovery ...

Mercantile Bank Limited (MBL) launched the operation of its 42nd ATM booth at city’s Dholaikhal.

Communications Minister Obaidul Quader yesterday said the government would manage alternative sources of funds, if necessary, to construct the Padma bridge if the World Bank (WB) decides not to finance the largest infrastructure project in Bangladesh.

World Bank Country Director Ellen Goldstein yesterday said two Bibiyana private power projects did not fit the criteria to be funded under the bank's Investment Promotion Financing Facility (IPFF).

Social Islami Bank Limited (SIBL) has inaugurated its off-shore banking unit at the city’s Banani area.