** People rescuing an injured passenger from inside a passenger bus hit by a truck on Dhaka-Mawa Expressway in Shologhar area of Shreenagar upazila in Munshiganj on Thursday. ** Motorcycles allowed on Padma Bridge after 10 months ** Commuters charge extra fare, passengers disappointed ** 78 people killed in Yemen stampede ** Moon sighting committee meets today to ascertain Eid day ** 9 killed in road accidents in 3 districts ** US announces new $325 m military aid package for Ukraine ** Eid-ul-Fitr in Saudi Arabia today ** Eid exodus begins ** LPG price cut illusive ** 15 hurt as bus overturns in capital ** New interbank cheque clearing timings set for Eid holidays ** Four women hit by a train die in Tangail ** 12.28 lakh SIM users left Dhaka on Tuesday ** Sylhet engineer threatened over power outage ** People rush to village homes to spend Eid holidays with their near and dear ones. This photo was taken from Sadarghat Launch Terminal on Tuesday. NN photo ** Surge in cases of dehydration, diarrhoea amid summer heat wave ** Padma Bridge construction cost increases by Tk 2,412cr ** PM gives Tk 90m to Bangabazar fire victims ** Textile workers block highway demanding wage, Eid bonus ** Attack on PM's motorcade Ex-BNP MP, 3 others get life term ** Load-shedding increases for demand of electricity during heat wave ** Motorbikes to be allowed on Padma bridge from Thursday ** 5-day Eid vacation begins from today ** Take Nangalkot train accident as a warning about negligence of govt functionaries **

5-yr tax exemption for bourses

07 June 2014 bdnews24.com

The new budget proposes a five-year tax exemption for Bangladesh bourses to prop up the capital market that has been wobbling after the 2010-2011 debacle.
It also proposes to raise the ceiling of tax-free dividend income for individual investors from Tk 10,000 to Tk 15,000.
In his 2014-15 budget speech on Thursday, Finance Minister AMA Muhith highlighted rattled off a list of measures since 2011 to stabilise the market.
"As a result of the initiatives taken from time to time, the price index and market capitalization of DSE has been quite stable since the beginning of 2013," he said in the speech.
A frequent fall in share prices forced individual investors at the two bourses to take to the streets in protest on several occasions over the past one year.
In March this year, the Bangladesh Bank set up a share market refinancing fund for the small investors affected by the 2010-11 capital market debacle, allowing them to take loans without guarantors.

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