VAT imposed on govt job applications

In a new development, value-added tax (VAT) will now be applicable when individuals apply for government jobs. This marks a shift from the past, as the government had not previously imposed VAT on job applications submitted to government and autonomous bodies. The Ministry of Finance recently issued a notification detailing the inclusion

IMF team in Dhaka to negotiate on $4.5b loan

An International Monetary Fund (IMF) team is now in Dhaka to discuss the terms and conditions of a prospective $4.5 billion loan for the Bangladesh government.  Officials of the Ministry of Finance said the global lender would hold meetings with various government departments during then visit slated to last till November