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Other responsibilities include administration of matters related to taxes, duties and other revenue related fees/charges and prevention of smuggling. Under the overall control of IRD, NBR administers the excise, VAT, customs and income-tax services consisting of 3434 officers of various grades and 10195 supporting staff positions.
The Bangladesh Institute of Labour Studies (BILS) is a think tank for trade union activity and other labour matters in Bangladesh. It was founded in 1995 to support the building of trade unions and their activities and to promote trade union causes within government and society. [ 1 ]
The basic requirements for financial reporting by all companies in Bangladesh were provided by the Companies Act of 1994. [1] Today, it is represented by two professional bodies, the Institute of Cost & Management Accountants of Bangladesh (ICMAB) and the Institute of Chartered Accountants of Bangladesh (ICAB).
The Labour Appellate Tribunal is a specialized court that is responsible for hearing appeals against verdicts of labour courts in Bangladesh. [1] [2] The tribunal must hear cases within 180 days. [1] All decisions of the tribunal can be appealed at the High Court Division. [1] There are 13 labour courts in Bangladesh. [3]
The Minimum Wage Board (Bengali: নিম্নতম মজুরী বোর্ড) is a Bangladesh government regulatory agency under the Ministry of Labour and Employment responsible for recommending changes to the minimum wage, which varies by industry, to the government. [1]
Directorate of Labour was established in 1931 by the British Raj government and was upgraded in 1958 by the Government of Pakistan. [2] The directorate was upgrade to a department in 2017. [3] The department has the authority to register unions in Bangladesh and its decisions can be challenged at the Labour Appellate Tribunal. [4] [5]
The government of Bangladesh has set an ambitious target of generating 30 million new job opportunities by the year 2030. [3] In its endeavor to improve labor conditions and expand employment opportunities, the Government of Bangladesh has undertaken significant initiatives to establish a specialized entity known as the "Directorate of Employment."
Central Fund (Bengali: কেন্দ্রীয় তহবিল) is a Bangladesh government fund under the Ministry of Labour and Employment that is responsible for providing financial support to workers. The fund is chaired by the minister of labour and employment. [1] [2]