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Cash assistance for poor a welcome development
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35 lakh families to get cash assistance
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TCB to continue selling its products despite lockdown
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DHAKA, April 13, 2021 (BSS) – The selling of essential products by the state-run Trading Corporation of Bangladesh (TCB) will continue across the country despite the strict lockdown enforced by the government to rein in the surge in Covid-19 cases.
The TCB has been selling its essential items everyday with an affordable price across the country including in the capital.
The government will enforce a week-long strict lockdown from tomorrow to control the spread of the pandemic while the country is also under lockdown since April 5 with some restrictions.
Talking to BSS, Senior secretary of the Commerce Ministry Dr Md Jafar Uddin said that the TCB, as part of rendering its emergency services, would continue selling of essential products during the strict lockdown to be enforced from tomorrow by following the health guidelines.
Advance tax lifted for crude soybean, palmolein import Star Business Report Star Business Report
The National Board of Revenue (NBR) yesterday exempted import of crude soybean and palm oil of a 4 per cent advance tax (AT) to contain prices during Ramadan, the month of fasting for Muslims.
Though the move will alleviate the need for working capital and interest rate burden for refiners, it is unlikely to help reduce prices of edible oil which is at a high level now, said two leading processors. It is a good move. But we do not count this as expenses. So there will be no effect on prices, said Biswajit Saha, director of corporate and regulatory affairs of City Group, one of the biggest commodity importers and processors.
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