Reducing inequality through higher taxes on the wealthy
In a strategic shift, the government is preparing to raise the tax incidence on wealthy or 'high-net-worth individuals' (HNWIs) as part of its efforts to address widening income inequality. This proposed approach is outlined in the Medium- and Long-term Revenue Strategy (MLTRS) for FY2025-26 to FY2034-35, published by the National...
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Bureaucratic inertia, inefficiency foil good initiatives
Many complain that there were so many reform commissions but no commission on education. It now seems it was better that the sector was left alone. Nowadays, the focus is on the scheduled election and reform agendas hardly figure in deliberations. Chiefs of several commissions have publicly expressed their disappointment...
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Death traps all around
Death traps are everywhere in Bangladesh. They lurk in accident-prone roads where vehicles race each other recklessly, in waterways where vessels capsize without warning, in sudden outbreaks of violence over trifling matters, and in bomb hurling in public spaces. Another type of quietest but deadliest traps also exists here -...
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Towards a green economy
There is an encouraging change in the business and economic environment of Bangladesh: the growing movement to the green economy. With climate change becoming a serious threat to our agriculture, industry and our seaside settlements, policymakers and consumers are beginning to appreciate the need to pursue environmentally sound economic activities....
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Surging gold prices
The rising demand for gold, both globally and in Bangladesh, is a serious issue for a developing country like ours. Many people in Bangladesh view gold not just as a luxury item but also as a safety net-a way to save and secure themselves during difficult times.The surge in gold...
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