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The Bangladesh Investment Development Authority (BIDA) (Bengali: বাংলাদেশ বিনিয়োগ উন্নয়ন কর্তৃপক্ষ) is the apex investment promotion agency (IPA) of Bangladesh under the Chief Adviser's Office. BIDA promotes and facilitates private investment and advocates business-friendly policies.
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.
From 1921 to 1947 various Indian revenues were overprinted BENGAL for use in modern Bangladesh and West Bengal. Since independence, Bangladesh has issued revenues for the following taxes: [1] Airport Tax (1982–1988) Cigarette Tax (c.1972-c.1975) Court Fees (1973–1992) Entertainment Tax (c.1972 – 1988) Excise (1981–1986) Foreign Bill ...
The National Budget is the annual financial statement of Bangladesh; an estimate of income and expenditure of the government on a periodical basis. Under Article 87.(1) of the Constitution of Bangladesh, it is a compulsory task of the government. [2] Upon achieving independence, the first budget of Bangladesh was presented by Tajuddin Ahmad. [3]
In 1972, the first Government of Bangladesh, in an effort to speed up the investment in the sector issued an ordinance, [7] creating the Bangladesh Power Development Board (BPDB). BPDB, from 1972 to 1995, has increased the generation capacity in the country from 475 MW to 2818 MW, and the length of its 230 kV and 132 kV transmission networks to ...
The Parliament of Bangladesh on 3 March 2010 has passed two insurance laws in a bid to further strengthen the regulatory framework for the insurance industry. The new laws came into effect on 18 March 2010, are the Insurance Act 2010 and IDRA Act 2010.
On November 28, 2024, the University Grants Commission of Bangladesh (UGC) announced in a notice that, due to the expiration of its temporary permission, IBAIS University has no legal basis for its operations under Section 12(1) of the Private University Act, 2010. The university has no approved campus, address, or legitimate authorities (Vice ...
The Bangladesh Code is an official compilation and codification of laws in Bangladesh, which is published by the Ministry of Law, Justice and Parliamentary Affairs of the Government of Bangladesh. The code was initiated in 1973 and first published in 1977. It has 47 volumes, of which 24 are in English and 23 are in Bengali.