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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 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]
The Goods and Services Tax (GST) (French: Taxe sur les produits et services, TPS) is a multi-level value-added tax introduced in Canada on January 1, 1991, by Prime Minister Brian Mulroney and finance minister Michael Wilson. The GST replaced a hidden 13.5% Manufacturers' Sales Tax (MST) because it hurt the manufacturing sector's ability to export.
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]
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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]
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]
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."