The state of achieving economic emancipation

Bangabandhu Sheikh Mujibor Rahman concluded his historic March 07 speech by pronouncing the word 'freedom' twice because he knew that achieving economic emancipation is equally important to freeing the country from the then Pakistani colonial administration. At independence, over 90 per cent of Bangladeshis were villagers, a share that has...

Ending VAT confusion

Value-added tax (VAT) is a consumption tax on a product declared by tax authority of a country whenever value is added at each stage of the supply chain, from production to the point of sale. VAT is an ultimate tax on consumer's expenditure. The beauty of VAT is that each...