By LightCastle Analytics Wing As the global economy is facing the ‘Great lockdown’ recession caused by the COVID-19 pandemic, the economy of Bangladesh too, has been hit hard. With only 15% of the country’s population making more than USD 6 per day, Bangladesh stands in a vulnerable position to tackle the economic impact of COVID-19....Read More

Companies (Amendment) Act 2020 The Companies Amendment Act 2020 has been passed amending few sections of the existing Companies Act, 1994 to eliminate the requirement of seal for a company to get registered, for which Bangladesh would probably jump quite numbers of notches in the index of ease of doing business. On the other hand,...Read More

Income Tax (Amendment) Ordinance, 2020 has been passed empowering NBR with the permission of the Government to condone fine and extend timeline during epidemic/pandemic, taxpayers will not be fined or levied interests if they fail to file income tax returns due time during any outbreak or disasters. A new provision has been incorporated in the...Read More