Category: News & Updates
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Tax update for Bangladesh, 2022-2023
Miss Sabrina Mahisha The objective of this writing is to provide a summarized picture of the current scenario of Income Tax in Bangladesh. All the information in this writing has been made under the light of Income Tax Ordinance, 1984, SROs as well as the National Budget Speech 2022-2023. Hence, this writing contains an up-to-date […]
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Tax Update 2021-2022 Bangladesh
1.) Tax Rate: a.) Minimum Tax Rate It is proposed to decrease the business turnover tax rate for individual taxpayers from 0.5% to 0.25%. b.) Reduction of tax rates of the company Publicly traded company tax rate is proposed to be reduced from 25% to 22.5%. It is proposed to reduce the tax rate of […]
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Reinvestment in equity from dividend for foreign shareholders.
Bagladesh Bank has published a Circular simpifying the re-investment of equity from dividend income.
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Repatriation of residual money payable to foreign shareholders in case of winding up of a company.
To facilitate the transfer of residual money payable to foreign shareholders in case of winding up of the concerned company Bangladesh Bank has recently published a guideline.
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New Guidelines relating to Share Deposit Money
Bangladesh Bank has recently published a FEID circular No. 2 whereby it has directed to issue shares within 360 days of receipt of share deposit money.
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Child Custody in Bangladesh
by Miss Farzana Khanom A dispute may arise relating to child custody when a marriage breaks down and ends in divorce and also for various other reasons. In Bangladesh, the Family Courts Ordinance 1985 and the Guardians and Ward Act 1890 are followed while dealing with cases relating to custody and guardianship. In some cases, […]
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