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Presented by:
Jahid Bin Islam 2008-2-10-083 Abdul Ahad 2008-2-10-211 Hasibul Alam 2008-2-10-169 Fuad Hasan Khan 2008-2-10-287
Presented For:
Quazi Sagota Samina Senior Lecturer East West University
He said the revenue board was contacting the merchant banks one after one to inform them that they would be treated as 'financial institutions' as per the law. Presently, a total of 50 merchant banks are running their business in the country's stock market.
Excerpted From:The financial Express
BBS chief said: "The purchasing power of the people surged in February. So the rise in non-food inflation would not hurt them. The wage rate index increased to 6595.37 in February against 6434.82
Excerpted From:The financial Express
The approval was given at the 17th Annual General Meeting (AGM) of the bank, held at Officers Club in the city recently.
The shareholders also re-elected directors and approved appointment of external auditors for the year 2012. Directors, sponsors and a large number of shareholders of the bank attended the meeting. Alamgir Kabir, FCA, Chairman of the bank, presided.
Excerpted From:Daily Sun
Prime Bank has been enhancing technology usage in its banking services with the demand of time. Managing Director of Prime Bank Limited Md. Ehsan Khasru said at a press conference at a city hotel on the eve of launching Altitude internet banking service recently. The IT division of the bank developed the software, he said adding, This is secure, safer and faster than the internet banking used by the other banks of the industry.
Excerpted From:Daily Sun
Grameenphone has topped the list in the payment of tax in the first half of the current fiscal. Standard Chartered Bank, which was in the top position in the corresponding period last year, has been ranked second in first six months of this fiscal. Grameenphone paid Tk 4.0 billion in tax in July-December period, while Standard Chartered Bank Tk 2.48 billion. Among the ten top corporate tax payers, nine are the country's scheduled banks that pay tax at the highest 42.5 per cent rate on their annual earning. Prime Bank Limited and The Hong Kong Shanghai Banking Corporation (HSBC) are in the third and fourth positions by paying Tk 1.12 billion and Tk 887 million respectively in the July-December period. Rahimafrooz Bangladesh Limited Group's Managing Director Firoz Rahim is on the list of top ten corporate tax payers with Tk 5.3 million in income tax. Former Chairman and director of Prime Bank Azam J Chowdhury occupies the next position by paying Tk 4.72 million income tax. A total of 283 companies and 705 individual taxpayers pay income tax under the unit, including 47 banks. Excerpted From:The Financial Express