E-Finance


Mustafa Jabbar Makes 5% VAT Cut on Internet Use

June 27 2018 | TW News Correspondent

Government is to cut 5% VAT more on internet use. Therefore, among the existing 15% VAT, 10% gets exemption.

Earlier on last June 21, a decision was taken to reduce up to 5% VAT on internet use. Later, Mustafa Jabbar requested the honorable Finance Minister Abul Maal Abdul Muhith for VAT cut a little bit more. Then, as per decision taken on June 25, the document in this regard...
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Students Allowed for Credit Cards on ‘Sixteen’

June 24 2018 | TW News Correspondent

From now on, students are allowed to use credit cards on 16 years of age. But, this credit card will be provided to their guardians. They will get the additional or supplementary card. Credit card user must be student an...
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Products to be Exported in e-Commerce

June 13 2018 | TW News Correspondent

From now on, online shopping companies will get the opportunity to export their products even to the individual foreign consumers through banking channel on regular basis. In this regard, Bangladesh Bank issued a guideline on June 11 which shows that bank will work as approved dollars in this channel and transaction for maximum $5000 will be possible through a single order.

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15% VAT on Mobile Handset Assembling

June 09 2018 | TW News Correspondent

15% VAT has to be paid on mobile handsets assembling in the country which may bankrupt the investors of this recent uprising sector in the country, as the entrepreneurs think. According to them, due to this VAT, tax imposed...
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Tax to be Imposed on e-Commerce and Virtual Businesses

June 07 2018 | TW News Correspondent

Different online based businesses are rapidly growing in the country. Government now intends to impose tax on such kind of business. In the budget session of the current fisc...
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Mobile Banking Getting More Popular than Online

May 31 2018 | TW News Correspondent

Mobile banking service is getting popular rapidly throughout the world. During last five years, usage of banking apps got increased 34 lakh per year on an average. As per a report of financing service research institution ‘CSI’, last year around 20 million 20 lakh users across the world made money transactions and deposited their money through installing banking ap...
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bKash to Charge Less over Transactions in App

May 17 2018 | TW News Correspondent

bKash has reduced taka 3.50 as cash out charge through mobile apps. Now it has been fixed taka 15.00. Besides, bKash has also withdrawn the charge in regard of sending money to personal numbers. The bKash app was launched officially at...
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Special Offer of International Brand ‘BIC’ in bagdoom.com

April 21 2018 | Bony Hamza

A Memorandum of Understanding (MoU) has been signed between ‘bagdoom.com’, country’s one of the top lifestyle e-commerce platforms and ‘M&U Distribution Limited’, the Bangladeshi distributor of world famous shaving products and lighter manufacturer ‘BIC’.

BIC is a private owned company listed in Pa...
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Celebration of ‘e-Commerce Day’ and ‘e-Commerce Week’

April 08 2018 | TW News Correspondent

Aiming to progress the development in e-commerce sector of Bangladesh, like every year, ‘e-Commerce Day’ was celebrated on the eve of Pahela Baishahkh (Bangla News Year) on April 7, 2018 presented by SSL Commerz. The program was jointly organized by e-Commerce Association of Banglades...
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