Rationalising tax collection
It is common knowledge that loans from the Bretton Woods Institutions come with strings attached. At a time of financial crisis which was its own making, the deposed government of Sheikh Hasina had to accept International Monetary Fund (IMF)-dictated recipe along with its loan amounting to $4.7 billion. As part...
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Revitalising the sugar industry
In the pre-1947 era, when East Bengal had little to no industrial presence, the region still boasted three sugar mills in Darshana, Dinajpur, and Kishorganj. If this historical foundation in sugar production is considered an advantage in terms of expertise and managerial experience, one might have expected the country to...
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It's high time to remove hurdles to FDI
Foreign Direct Investment (FDI) plays a pivotal role in the economic growth of any country. For Bangladesh, achieving its ambitious development goals hinges significantly on attracting substantial FDI. However, despite the country's economic potential and strategic geographic location, a multitude of challenges continues to discourage foreign investors.Recently, economists and experts...
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Torment of verification getting govt job
The issue of police verification in the final stage of public service recruitment has again drawn public attention. Some 267 qualified candidates from the modified gazette of the 43rd BCS examinations were excluded finally. Bangladesh Public Service Commission (BPSC) recommended them for appointment. Their names were included in the first...
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No VAT on metro rail
It is a commendable decision by the government that metro rail services have been exempted from Value Added Tax (VAT) for one year. The National Board of Revenue (NBR) issued an order to this effect on Monday. This means that metro rail commuters will not be required to pay any...
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