FinTech in Bangladesh

What is FinTech? "FinTech or fintech" means Financial Technology. It's the technology & innovation method that aims to compete with traditional financial methods in the delivery of financial services. It's...

What is Business Identification Number (BIN)?

Business Identification Number is the business identification number taken by an individual on the basis of turnover of his economic activities. This identification number can’t determine the nature and activities...

Who is the payer of VAT?

The VAT payer is the last consumer of goods or services in the Value Added Tax procedure. The supplier or seller realizes VAT from the purchaser at every level of...

Who pays VAT?

The procedure of Value Added Tax or VAT is an automatic taxing procedure based on input tax credit against supply or sale. The supplier accepts the paid-up VAT on the...

What is VAT?

Value Added Tax or VAT is an indirect tax that is paid by the consumer through a registered person. Value Added Tax or VAT on particular goods or services is...

What are the sources of income for income tax?

According to the Income Tax Ordinance 1984, the income sectors are as follows: SalariesInterest on security collateralIncome from home propertyAgricultural incomeBusiness or profession incomeCapital profitIncome from other sources. However, the...
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