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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 microcredit program in Bangladesh is implemented by NGOs, Grameen Bank, different types of government-owned banks, private commercial banks, and specialized programs of some ministries of the Bangladesh Government, etc. Despite the fact that more than a thousand institutions are operating microcredit programs, only 10 large Microcredit ...
This sector is mainly represented by Specialized Financial Institutions like House Building Finance Corporation (HBFC), Palli Karma Sahayak Foundation (PKSF), Samabay Bank, Grameen Bank etc., Non-governmental organizations (NGOs) and discrete government programs. The informal sector includes private intermediaries which are completely unregulated.
Grameen Bank is Bengali for "Rural" or "Village" Bank. [12] He began a research project, together with a national commercial bank and the University of Chittagong, extending microcredit to test his method for providing credit and banking services to the rural poor. In 1976, the village of Jobra became the first to be served by the project.
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In 2011, ASA, together with Grameen Bank and BRAC, accounted for 62 per cent of Bangladesh's 18.5 million micro-borrowers and 69 per cent of the sector's gross loan portfolio. [17] At the industry level, overall average borrower numbers and portfolios have been rising steadily, ASA's active borrower accounts in 2008 and 2009 fell by 32 percent.
Palli Karma Sahayak Foundation (Bn: পল্লী কর্ম-সহায়ক ফাউন্ডেশন) or PKSF is a financial institution founded by the Government of Bangladesh to finance rural development and provide training and is located in Agargaon at the heart of Dhaka, Bangladesh.
NGO Affairs Bureau was founded in 1990. [2] All NGOs that receive fund from outside Bangladesh are required by law to register with the bureau which falls under the Chief Advisor's office. [ 3 ] Mohammad Asadul Islam is the present director general of the bureau. [ 4 ]