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Key Concept of the Company Law
Company: According to Sec. 2 (1) (c) the Companies Act, 1994-“Company means a company formed and registered under this Act or an existing company”. Thus, a company is an association...
Tax Deduction and Collection at Source
In Bangladesh withholding taxes are usually termed as Tax deduction and collection at source. Under this system both private and public limited companies or any other organization specified by law...
Value Added Tax - VAT
VAT is imposed on goods and services at import stage, manufacturing, wholesale and retails levels;- A uniform VAT rate of 15 percent is applicable for both goods and services;
What is Customs
In Bangladesh, Customs wing is primarily responsible for collection of all duties and taxes at the import stage. Apart from collection of government revenue it is also responsible for trade...
Key Information on Income Tax
Among direct taxes, income tax is the main source of revenue. It is a progressive tax system. Income tax is imposed on the basis of ability to pay. “The more...
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