Local News

Pvt univs to pay VAT, not students: Muhith, NBR

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The finance minister Abul Maal Abdul Muhith on Thursday said the authorities of private university will have to pay the value added tax imposed on the tuition fees of private universities. ‘The VAT will not be withdrawn in any form.

PRIVATE UNIVERSITY TUITION FEES : VAT triggers student protests

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The recent slapping of 7.5 per cent value added tax on tuition fees triggered day-long protests by thousands of private university students Thursday bringing the capital’s traffic to complete halt. The students held peaceful demonstrations shouting slogans ‘Our parents are not ATM Machines.’

CPB, SPB hold sit-in to reduce power, gas prices

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Left politicians on Tuesday at a sit-in programme in the city called on the Awami League led government to take steps to reduce prices of power and gas which effected from September 1. Bangladesh Energy Regulatory Commission on August 27 increased the average price of electricity by 2.93 per cent and natural gas by 26.29 per cent at consumer level which effected from September 1.

Univ teachers indulge in corruption: Muhith

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Finance minister AMA Muhith on Tuesday said teachers of public universities were indulging in practice of corruptions which should be stopped. His comments were, however, rejected by the teachers who said practice of corruption had been highest in the ministry run by the finance minister himself.

Teachers’ strike paralyses public univs

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A strike enforced by public university teachers on Tuesday demanding review of the new pay scale, and a separate pay scale, paralysed universities across the country. The teachers further threatened strike on campuses for an indefinite period.

Floods force closure of 1,130 schools in 8 dists

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Severe flooding forced the closure of at least 1130 primary and secondary schools in six northern and two north eastern districts until Tuesday. Education officers said that it was possible that more schools had to go on unscheduled holidays due to widespread flooding.

Cabinet approves new pay structure

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The cabinet on Monday approved the new pay structure for the government employees fixing the maximum monthly salary at Tk 86,000, up from Tk 45,000 and the minimum basic pay at Tk 8,250,up from Tk 4,100.

August boom keeps RMG export earnings afloat in 2 months

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Country’s export earnings from readymade garment products in two months of the financial year 2015-16 grew by 5.98 per cent to $4.48 billion from $4.23 billion in the same period of the FY 2014-15 as the export of the RMG products boomed in August, the second month of the current financial year.

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