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January 3, 2021
Businesses are experiencing an uneven recovery from the pandemic-induced slowdown as larger firms are bouncing back strongly thanks to the easy access to the stimulus packages while the smaller ones are still mired in the crisis.ย The large industrial and service sectors have made as much as 80-90 per cent recovery compared to the pre-pandemic level. It is only 30-40 per cent for small and medium enterprises. Since March, the government has unveiled 21 stimulus packages involving more than Tk ...
December 28, 2020
Bangladesh sets export earnings target at 15% this fiscal UNB 28th December, 2020 08:51:35 Bangladesh hopes to achieve a 15% growth in export earnings this fiscal, with the economy showing resilience to come out of the economic downturn caused by the pandemic and the government hinting at another stimulus package in view of a second wave of Covid that has already hit Europe. ย In the last financial year, the countrys export earnings suffered a whopping 17% negative growth, despite the governme...
December 27, 2020
A year has passed since the world learnt about the attack of the novel coronavirus. Countries around the world are still grappling with the fallout from the devastating Covid-19 pandemic. They have introduced stimulus packages to reduce the impact of the pandemic on the economy and society. The amount of stimulus packages varies from country to country based on their capacities and requirements. The strategies of providing the stimulus packages and their effectiveness are also different across ...
December 19, 2020
Budget 2021: Exporters body suggests double tax deduction scheme, export development fund to FM Sitharaman Other recommendations include extending tax deduction on product development, providing deemed export status to Indian industry under the global bidding of procurement, ECGC coverage to the banks for export finance, and higher budget allocation to the Department of Commerce PTI | January 5, 2021 | Updated 13:25 IST Federation of Indian Export Organisations (FIEO) President Sharad Kumar Sa...
December 19, 2020
Budget 2021: FIEO suggests double tax deduction scheme, export development fund to FM SECTIONS Last Updated: Dec 19, 2020, 05:28 PM IST Share Synopsis The other recommendations include extending tax deduction on product development, providing deemed export status to Indian industry under the global bidding of procurement, ECGC coverage to the Banks for export finance, and higher budget allocation to the Department of Commerce. Getty Images New Delhi: Exporters body FIEO on Saturday suggested a...
December 19, 2020
FIEO suggests double tax deduction scheme, export development fund to FM FIEO suggests double tax deduction scheme, export development fund to FM NEW DELHI:ย Exportersโ body FIEO on Saturday suggested a host of steps such as bringing double tax deduction scheme and setting up of a export development fund to the finance ministry with a view to boosting outbound shipments. The other recommendations include extending tax deduction on product development, providing deemed export status to Indian...
December 19, 2020
BW Businessworld FIEO Suggests Double Tax Deduction Scheme, Export Development Fund To FM The government may consider introducing a scheme in line with Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 to resolve all disputes relating to customs and DGFT (Directorate General of Foreign Trade). Photo Credit : Shutterstock Exporters body FIEO on Saturday suggested a host of steps such as bringing double tax deduction scheme and setting up of a export development fund to the finance ministry ...
December 19, 2020
Updated Dec 19, 2020 | 18:02ย IST Federation of Indian Export Organisations (FIEO) President Sharad Kumar Saraf suggested these steps during the pre-Budget consultation meeting with Finance Minister Nirmala Sitharaman. Exporters body suggests double tax deduction scheme, export development fund to FM Sitharaman  |  Photo Credit: BCCL New Delhi: Exporters body FIEO on Saturday suggested a host of steps such as bringing double tax deduction scheme and setting up ...
December 16, 2020
December 16, 2020 Nyasa Times Reporter 9 Comments The Board of Directors of FDH Bank plc has appointed finance expert Charity Joy Mseka as its new Board Chairperson effective 27 November, 2020. Charity Joy Mseka FDH Bank plc new Chairperson Mseka has extensive experience in Banking and Finance and previously served as Director of Banking, Director of Accounting and Finance and Chief Accountant at the Reserve Bank of Malawi (RBM). She also served as a Non-Executive Director of National In...
December 15, 2020
FDH Bank Appoints Mseka As New Board Chairperson Charity Joy Mseka: New Board Chairperson for FDH Bank plc The Board of Directors of FDH Bank plc has appointed finance expert Charity Joy Mseka as its new Board Chairperson effective 27 November, 2020. Mseka has extensive experience in Banking and Finance and previously served as Director of Banking, Director of Accounting and Finance and Chief Accountant at the Reserve Bank of Malawi (RBM). She also served as a Non-Executive Direc...