HeyJaredFaysal Islam
- Indexed articles, last 90 days
- 7
- Latest publication
- Sep 6, 2026
- Outlet visibility, for The Daily Star
- Top 50K sites
- Earliest in this view
- Jul 16, 2026
Latest articles
Not all employment benefits are taxable (opens the original)
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A common misconception is that every payment or benefit received from an employer is automatically taxable. Under Bangladesh’s Income Tax Act, 2023, as amended, salary, allowances and perquisites are generally taxable as employment income, but certain payments and benefits are specifically excluded when statutory conditions are met. Their tax treatment depends on their purpose, conditions and actual use, not merely on their name. This is particularly relevant to specified medical assistance, off
LDC graduation must trigger structural reform to attract FDI (opens the original)
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Bangladesh’s graduation from the United Nations’ list of least developed countries (LDCs) is a historic achievement, reflecting decades of economic, human and social progress. Yet it will also bring a difficult transition. Duty-free market access, export incentives, concessional finance and other trade privileges will gradually diminish, exposing weaknesses long masked by preferential treatment. The formal graduation date is November 24, 2026, although the government has requested a three-year e
Bangladesh needs a smarter outbound investment policy for post-LDC era (opens the original)
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Bangladesh’s graduation from the least developed country (LDC) category reflects major economic progress but will also bring tougher competition, reduced tariff preferences and greater pressure to join global value chains. Future growth cannot rely only on domestic production and exports; Bangladeshi firms must also expand abroad. Through subsidiaries, regional offices and joint ventures, they can access markets, technology, brands and supply chains. Experiences from India, China, Singapore, Mal
Interest on frozen deposits turns into a tax burden (opens the original)
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Bangladesh’s banking sector is facing a severe crisis of confidence, marked by liquidity shortages, delayed deposit repayments, restrictions on encashing matured deposit pension scheme (DPS) and fixed deposit receipt (FDR) accounts, and forced reinvestment. These conditions raise a critical tax policy question: should taxpayers be taxed on income they have not actually received? The issue extends beyond legal interpretation to fairness, economic reality, and the principles of taxation. Banglades
1 percent turnover tax: revenue reform or a new burden on SMEs? (opens the original)
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Bangladesh’s low tax-to-GDP ratio highlights the need for greater revenue to fund infrastructure, social welfare and development. However, revenue measures must not undermine investment, employment or voluntary compliance. The mandatory turnover tax on non-corporate businesses and professionals has therefore become a major concern among taxpayers. Under Section 163(6) of the Income Tax Act, 2023, as amended by the Finance Act, 2026, taxpayers must pay the prescribed turnover tax when their norma
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