World Bank Bangladesh Development Update report

5 lakh Bangladeshis likely to face extreme poverty: World Bank

Around 5 lakh people in Bangladesh likely fell into extreme poverty between the fiscal years 2022-23 and 2023-2024 due to the erosion of purchasing power, said the World Bank

Bangladesh can raise three times more VAT if policy and compliance gaps addressed: World Bank

The recently updated Income Tax Act (2023) is an opportunity to increase income tax collection by expanding the tax base through improved compliance and tax services, it said in its Bangladesh Development Update report

April 3, 2024
April 3, 2024

5 lakh Bangladeshis likely to face extreme poverty: World Bank

Around 5 lakh people in Bangladesh likely fell into extreme poverty between the fiscal years 2022-23 and 2023-2024 due to the erosion of purchasing power, said the World Bank

April 2, 2024
April 2, 2024

Bangladesh can raise three times more VAT if policy and compliance gaps addressed: World Bank

The recently updated Income Tax Act (2023) is an opportunity to increase income tax collection by expanding the tax base through improved compliance and tax services, it said in its Bangladesh Development Update report