Bangladesh Bank has allowed mobile financial service providers to repatriate (conversion of foreign currency into local currency) export income and inward remittance. All authorized dealers will provide encashment certificates to MFS providers against inward remittance, on account of information technology-enabled services exports. In order to make it easier to receive foreign exchange, Bangladesh Bank issued […]

The National Board of Revenue (NBR) has withdrawn the provision of mandatory income tax return certificate submission for obtaining loans and credit cards on a limited amount. According to the circular, an individual who has a tax-free income limit can get loans up to 19,398.64 USD from the scheduled banks without submission of a tax […]

The Ministry of Commerce (MOC) has issued a list of standards and rules applicable to e-commerce operators, the Digital Commerce Operational Guidelines 2021 (“the Guidelines”). Highlights of this note Are these Guidelines legally binding? To whom do the Guidelines apply? To the sellers only or also to the online platforms that facilitate third party sellers? […]