"Income tax" as it appears from its very name is a tax on income of a person. Time frame for determination of income is universally one year. Some elements of income like interest on loan or deposit or depreciation cannot be computed on a monthly or weekly basis. Further, big tax entities like comp
This year marks the 100th centenary of both the fall of the Ottoman Empire, and the birth of the state of modern Turkey, officially the Republic of Türkiye now. The fall of the Ottoman Empire is probably the greatest catastrophe that befell the Islamic world since the Mongol and Crusade invasi
Silicon Valley Bank (SVB), commonly known for catering to startups and life-science firms, has collapsed. Before delving into the reasons behind this collapse, it's important to understand the bank's history and operations. SVB provided services mainly to tech startups, and with them thriving, the
Bangladesh has operationalised its first submarine base with modern basin facilities for the Navy at Pekua of Cox's Bazar to offer secure jetty facilities for submarines and warships in the port. Prime Minister Sheikh Hasina inaugurated the first submarine base of Bangladesh ‘BNS Sheikh Hasin
In recent times, yet another buzzword called ‘Quiet Quitting’ has shown up, walking hand in hand with the popular post-pandemic phenomenon buzzword ‘Great Resignation’. While the hype may seem contemporary, it is practically old wine in a new bottle. The famous Stanle
Professor Rehman Sobhan is undoubtedly one of the few living legends of Bangladesh, who has contributed greatly to the development of the country and its people. He is the most influential member, leader, mentor, friend, philosopher and guide of the academic-economist community in Bangladesh. Above
Bangladesh Prime Minister Sheikh Hasina joined the fifth United Nations Conference on the Least Developed Countries (LDC) held in Doha, Qatar on 4-9 March 2023. The Conference was organised with the theme 'LDC5: From Potential and Prosperity'. Prime Minister Hasina has eloquently demonstrated that
Books by two prominent Bangladeshi economists have been published simultaneously and both by renowned international publishers. But their resemblances are superficial and end there as the books' content are as different as apple is from orange, their taxonomy notwithstanding. Professor Wahiduddin
Loosely speaking, Bengal has been an ethnic entity for many centuries. Mostly inhabited by the 'early Bengalees', it could be passed off in the past as the land of a South Asian ethnic unit speaking Bangla. Since they flourished in today's greater Bengal, and finally picked Bangla after traversing
After a year, the search for peace, partnership and accountability has resumed in Europe. The world has watched how NATO, the European Union, USA and Canada have taken upon themselves the role of partnership and failed to find the least common denominators that can result in peace and safety for mi
Agent banking, a new model of banking services across the developing world especially in Bangladesh, aims at providing formal banking services to the unbanked segment of the population who are excluded from formal banking services. Since agent banking can be offered without opening a full-fledged b
Where is Messi - Where is Messi? Just a few months ago, this was the ostensibly the most popular question in the world. Lionel Messi's response to it has been inarguably, incontrovertibly, and unquestionably overwhelming - Messi is at the epitome of football, with the highest title in his hand, and
A K Nazir Uddin Ahmad was popularly known as A.K.N. Ahmed, or simply by the initials AKN. He served as the second governor of Bangladesh Bank, the central bank of the country, from November 19, 1974 to July 13, 1976. The celebrated banker passed away on February 24, 2016 in Washington DC in h
