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The Directorate sued Grameen Bank for VAT evasion of 670 million BDT. [15] It secured 5.2 million BDT from Alesha Mart after completing an audit of the company. [16] In November 2021, VAT Audit, Intelligence and Investigation Directorate fined Danish Foods Limited, a subsidiary of Partex Group for evading 34.6 million BDT in VAT. [17]
Sheikh Abdul Hye Bacchu resigned as chairman of the bank following 4.5 billion taka in defaulted loans on 5 July 2014. [7] Basic Bank fired its managing director, Kazi Faqurul Islam, in 2015 over financial irregularities at the bank following an investigation by Bangladesh Bank. [8] BASIC Bank Limited is one of seven state owned banks in ...
The newly independent government immediately designated the Dhaka branch of the State Bank of Pakistan as the central bank and renamed it the Bangladesh Bank. [9] The bank was responsible for regulating currency, controlling credit and monetary policy, and administering exchange control and the official foreign exchange reserves. [9]
Taxation in Pakistan is a complex system of more than 70 unique taxes administered by at least 37 agencies of the Government of Pakistan. [1] According to the FBR, in 2021, the number of registered tax filers had grown to 7.1 million, out of whom only 2.5 million were active tax filers. [ 2 ]
Bangladesh Bank is the central bank of Bangladesh and the chief regulatory authority in the banking sector. According to the Bangladesh Bank Order, 1972 the Government of Bangladesh reorganized the Dhaka Branch of the State Bank of Pakistan as the central bank of the country and named it Bangladesh Bank with retrospective effect from 16 ...
The President of the COUNCIL is the Honorable Governor of Bangladesh Bank. The Vice-President is the CEO & Managing Director of Sonali Bank PLC, the largest state-owned commercial bank operating in Bangladesh. The Chief Executive Officer/ Director General of IBB will be appointed by the COUNCIL for 02 (two) years on contractual basis.
The National Board of Revenue provided carnet de passage for tourists despite Bangladesh not being a signatory to the relevant United Nations treaties. [7] In February 2018, Bangladesh High Court ordered the National Board of Revenue to unfreeze the accounts of Robi. [8] The National Board of Revenue raised 124.4 billion BDT from taxes on fuel. [9]
After the independence of Pakistan, the RJSC was established for the first time in 1962 in the port city of Chittagong under the Ministry of Commerce. [2] Then it started its activities with some documents from companies, professional organizations and partnership business from Calcutta, India. Its office was transferred to Dhaka. Currently ...