Nearly five lakh additional establishments are expected to come under the tax net as the government is going to make proof of submission of return (PSR) mandatory for hotels, restaurants, clinics, and diagnostic centres.
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Whitening Black Money in Bangladesh Budget FY 2024-25: Backtracking on its promise to eliminate black money, the government has once again made room to allow both individuals and companies to whiten money without facing scrutiny and by paying a 15 percent tax, a move that drew sharp criticism from economists and civil society.
Government officials recruited after July 1 next year will be incorporated in the universal pension scheme, instead of the conventional post-retirement pension benefits.