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NBR Freezes Bank Accounts of 10 Private Uni. Over Tax Dispute

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Ministry of Education nbr national government bangladesh Ramadan

The National Board of Revenue (NBR) recently froze the bank accounts of ten private universities for their failure to pay the 15% tax.

In response, the Association of Private Universities of Bangladesh criticized the move, stating that the final verdict on an appeal regarding the 15% tax imposed by the NBR is still pending.

The universities affected by the frozen bank accounts include North South University, American International University of Bangladesh, World University, University of Asia Pacific, East West University, Southeast University, Daffodil University, Independent University-Bangladesh, University of Liberal Arts Bangladesh, and Prime University.

The association expressed discontent, stating that the action was taken abruptly without allowing time for necessary measures to be taken to pay the tax.

According to the Association of Private Universities, university employees rely solely on student fees as they do not receive any government incentives. The sudden seizure of university bank accounts has left teachers and staff uncertain before Eid-ul-Fitr.

A letter sent to the Registrar of Universities on March 4 stated that a dues payment notice had been issued according to section 214 of the Income Tax Act-2023, with a request to pay the tax by March 15. Failure to comply may result in further legal actions, including penalties, as per Section 275 of the Income Tax Act-2023.

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Met: Light to Moderate Rain with Gusty Winds Expected

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rain

Light to moderate rain or thundershowers accompanied by temporary gusty winds are expected in several regions, with heavier downpours likely in northern, central, and northeastern divisions.

“Light to moderate rain or thundershowers accompanied by temporary gusty wind is likely to occur at many places over Rangpur, Mymensingh, and Sylhet divisions and at one or two places over Rajshahi, Dhaka, Khulna, Barishal, and Chattogram divisions with moderately heavy to heavy falls at places over Rangpur, Mymensingh, and Sylhet divisions,” stated a Met Office forecast.

The axis of the monsoon trough stretches from Punjab, Haryana, Uttar Pradesh, Bihar, and West Bengal to Assam, crossing northern Bangladesh. One associated trough extends to the North Bay.

The monsoon is currently fairly active over Bangladesh and moderate over the North Bay, according to the meteorological release valid for the next 24 hours starting from 9 am today.

On Saturday, the maximum temperature in the country was recorded at 36.0 degrees Celsius in Rajshahi, while the minimum temperature today was 24.8 degrees Celsius in Bandarban.

The highest rainfall in the last 24 hours up to 6 am today was recorded at 51 millimeters in Mongla.

Day and night temperatures may rise slightly across the country.

In the capital, the sun will set at 6:49 PM today and rise at 5:20 AM tomorrow.

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PM Sheikh Hasina to Address Media on China Visit Tomorrow

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Sheikh Hasina

Prime Minister Sheikh Hasina will hold a media briefing tomorrow (14 July) to discuss her recent visit to China, according to a statement from her press wing.

“The press conference will take place at the prime minister’s official residence, Gono Bhaban, at 4pm,” the release stated.

Prime Minister Sheikh Hasina embarked on an official visit to China on Monday (8 July) at the invitation of Chinese Premier Li Qiang and returned on Thursday (11 July).

During her stay in Beijing from 8-10 July, she met with Chinese President Xi Jinping and held bilateral talks with her Chinese counterpart Li Qiang at the Great Hall of the People.

Following the delegation-level discussions on Wednesday morning, Bangladesh and China signed and renewed 21 cooperation documents, primarily Memorandums of Understanding (MoUs), aimed at strengthening development and economic ties between the two nations.

Additionally, both countries announced seven key outcomes, including the completion of a joint feasibility study on a Bangladesh-China Free Trade Agreement (FTA).

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Met Forecasts Rain and Thunder Showers Across Multiple Divisions

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rainfall Shower

Light to moderate rain or thunder showers, accompanied by temporary gusty winds, are expected to occur at most locations across the Rangpur and Sylhet divisions. Many places in the Mymensingh and Chattogram divisions will also experience similar weather, while a few areas in the Rajshahi, Dhaka, Khulna, and Barishal divisions will see these conditions as well. Moderately heavy to heavy rainfall is anticipated in parts of Rangpur, Mymensingh, Chattogram, and Sylhet divisions, according to the latest forecast from the meteorological office.

The axis of the monsoon trough extends from Punjab, Haryana, Uttar Pradesh, Bihar, and West Bengal to Assam, crossing the northern part of Bangladesh. An associated trough also reaches up to the North Bay. This monsoon activity is fairly active over Bangladesh and moderate over the North Bay, as per the forecast valid for the next 24 hours starting from 9 AM today.

Daytime temperatures may drop slightly, while nighttime temperatures are expected to remain relatively unchanged across the country. On Tuesday, the highest temperature was recorded at 36.0 degrees Celsius in Sayedpur, and the lowest temperature today was 24.0 degrees Celsius in Rangamati.

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