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“Income Tax Act, 2023” Bangladesh Enacts New Law

The Government of Bangladesh has enacted a new Income Tax Act, 2023, repealing the Income Tax Ordinance, 1984. The Jatiya Sangsad (National Parliament) passed the new Act and gazetted it on June 22, 2023. This significant development is aimed at modernizing and streamlining the country’s income tax system, promoting transparency, and fostering a business-friendly environment. […]

“Income Tax Act, 2023” Bangladesh Enacts New Law Read More »

According to the High Court Division of Bangladesh, The Companies Act should undergo significant changes.

The High Court has recommended making significant amendments to the current company law to lift Bangladesh to the status of a developed nation after observing that the Companies Act of 1994 needs to be more enforceable in many situations.  Moreover, it has recommended taking the necessary measures to set up one Company Appellate Tribunal in

According to the High Court Division of Bangladesh, The Companies Act should undergo significant changes. Read More »