Bangladesh’s Central Bank Engages Major Auditors to Investigate $17 Billion Losses Bangladesh’s central bank has enlisted the “Big Four” accounting firms—EY, Deloitte, and KPMG—to conduct comprehensive audits of banks that reportedly lost $17 billion due to individuals
S Alam Group Faces Significant VAT Evasion Allegations The National Board of Revenue (NBR) has identified that ten companies within the S Alam Group have allegedly evaded approximately Tk 1,400 crore in value-added tax (VAT) over the
IMF Proposes Uniform 15% VAT Rate for Large Businesses The International Monetary Fund (IMF) has proposed that Bangladesh implement a uniform 15% Value Added Tax (VAT) on all goods and services for businesses with an annual turnover
