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The quota system serves as an affirmative action plan for marginalized groups, as well as for descendants (including grandchildren in 2010) of former soldiers. [9] From the 35th to 40th Bangladesh Civil Service exams, not enough candidates were found for recruitment under the system: merit-based jobs were only 44 percent of job openings, but ...
The Vth Pay Commission recommendations were implemented since 1.1.1996 and consequently DA rate wef 1.1.1996 became 0. Further in 1994 Central Government merged 50% of the Dearness Allowance (DA) with the basic pay w.e.f. 01.04.2004 and the Dearness Allowance continued to be calculated with reference to the AICPI (IW) average as on 1 January ...
The present Finance Minister of the Bangladesh Awami League government first introduced a 10% VAT upon higher education in private universities in the draft of budget of 2015–16. Following strong opposition, the VAT was reduced to 7.5%. The imposed VAT was withdrawn by the finance division after a cabinet meeting on 14 September 2015.
The tax law imposes income tax at 25 percent on listed entities and 32.5 [2] percent for non-listed entities. Corporate tax rate changes announced this year include: an additional surcharge of 2.5 percent on income of companies in the tobacco sector. a reduction of the corporate income tax rate for companies in the readymade garments sector to ...
t. e. The 2015 Bangladeshi political crisis is an ongoing state of political turmoil between the two main political parties of Bangladesh, the Awami League (AL) led by prime minister Sheikh Hasina who is currently in power, and the Bangladesh Nationalist Party (BNP) in opposition, led by three time former prime minister Khaleda Zia.
Universal Pension. The Universal Pension ( Bengali: সার্বজনীন পেনশন) is a system of the Bangladesh Government's pension arrangement. Benefits vary depending on the age of the individual and their contribution record. Anyone can make a claim, provided they have a minimum number of qualifying years of contributions.
The 2013 Bangladesh Quota Reform Movement was a movement against incumbent government policies regarding jobs in the government sector in the country. The movement began in the same location that saw the 2013 Shahbag protests in Dhaka, Bangladesh. Although initially confined to the locality of Shahbag and Dhaka University campus, it eventually ...
The Financial Reporting Act 2015 (known as FRA 2015) is an act created by the Bangladesh National Assembly. The act was passed on September 6, 2015, in order to follow the accountability and transparency of the financial reporting procedures in the country. On September 9, 2015, the act was officially published by the Government of Bangladesh.