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Since the Islamic calendar is lunar, it does not remain synchronized with the seasons, resulting in a seasonal drift. Consequently, some public holidays, particularly those tied to Islamic events, shift each year based on the lunar cycle. There are fifteen public holidays in Bangladesh.
Low tax-to-GDP ratio: Pakistan’s tax-to-GDP ratio remains lower than the global average. In recent years, the ratio has been approximately 9.5%, far below that of neighboring countries like India (16%) and Bangladesh (12%). This indicates inefficiencies in tax collection and necessitates systemic reforms.
In 2018, the Bangladesh government planned to modify the Bangladeshi calendar again. [21] The changes were done to match national days with West. [ citation needed ] As a result of the modification, Kartik started on Thursday (17 October 2019) and the dry season was delayed by a day as the revised calendar went into effect from Wednesday (16 ...
Although not occurring until next year, Jan. 15, 2025, is an important date for 2024 tax filers. This is the date that your final quarterly estimated tax payment is due for the 2024 tax year if ...
For companies, the tax day (i.e. tax return due date) is now the 15th day of seventh month following the end of income year; alternatively, where that fifteenth day is before 15 September, the tax day is 15 September of the year following the end of the income year. [3]
Pakistan holidays are celebrated according to the Islamic or local Pakistani calendars for religious and civil purposes, respectively. Religious holidays such as Eid are celebrated according to the Islamic calendar whereas other national holidays such as Labour Day, [1] Pakistan Day, Independence Day, and Quaid-e-Azam Day are celebrated according to the Gregorian calendar.
8 August – Arshad Nadeem clinches Pakistan's first Olympic track and field medal after winning gold at the men's javelin throw at the 2024 Summer Olympics in Paris. [ 101 ] 9 August – Three soldiers and four militants are killed in attacks on three army outposts in the Tirah Valley , Khyber Pakhtunkhwa, that are claimed by the Gul Bahadur ...
The National Board of Revenue (NBR) (Bengali: জাতীয় রাজস্ব বোর্ড) is the central authority for tax administration in Bangladesh. It is a statutory authority attached with the Internal Resources Division of Ministry of Finance. NBR is the authority for tax policies and tax laws in Bangladesh.