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Despite its potential, Pakistan's taxation system faces several significant challenges: Low tax-to-GDP ratio: Pakistan’s tax-to-GDP ratio remains lower than the global average. In recent years, the ratio has been approximately 9.5%, far below that of neighboring countries like India (16%) and Bangladesh (12%). This indicates inefficiencies in ...
NBR is responsible for the formulation and continuous re-appraisal of tax-policies and tax-laws in Bangladesh. Negotiating tax treaties with foreign governments and participating in inter-ministerial deliberations on economic issues having a bearing on fiscal policies and tax administration are also NBR's responsibilities.
Shahid Uddin Khan is a retired Bangladesh Army officer who was forced into exile following a business dispute with Tarique Ahmed Siddique, Defence and Security adviser to the Prime Minister of Bangladesh, Sheikh Hasina. [1] [2] He is living in the United Kingdom. [3] He was sentenced to nine years imprisonment in a tax evasion case. [4]
Reuters spoke to ten people familiar with the events of the past week, including four serving army officers and two other informed sources in Bangladesh, to piece together the final 48 hours of ...
On 21 November 1971, the Bangladesh Forces was divided into three separate services as Bangladesh Army, Bangladesh Navy and Bangladesh Air Force. The Bangladesh Forces received modest assistance from the Indian Government soon after the start of the war, On 3 December 1971, the India-Pakistan war broke out and Indian troops entered Bangladesh ...
Bangladesh has been engulfed by protests and violence that began last month after student groups demanded scrapping of a controversial quota system in government jobs. Zaman, 58, assumed the ...
Bangladesh Prime Minister Sheikh Hasina's resignation after weeks of violent protests, announced on Monday in a televised address by the army chief, has brought focus once more to the country's ...
The high defense spending has sparked debates about its impact on Pakistan’s socio-economic growth. [3] Critics argue that the military budget takes a significant portion of the federal budget and results in economic inequality in Pakistan. [9] [10] [11] The transparency of Pakistan's military expenditure has been criticized.