Tag Archives: income

SC ordered BRAC to pay Tk. 404 crore

SC

MNA Business Desk: The Appellate Division of the SC (Supreme Court) ordered the authorities concerned of BRAC to pay Tk. 404 crore to the government as unpaid income tax. An appeals bench led by Chief Justice Surendra Kumar Sinha on Wednesday has upturned the High Court verdict on BRAC from giving taxes after announcing it a public welfare institution on 14 December 2014. Barrister Rokan Uddin Mahmud and advocate Mohammad Asaduzzaman stood for BRAC, while deputy attorney general advocate Rashed Jahangir Shubhro represented the state. It delivered the verdict after BRAC had submitted 11 income tax reference applications challenging as ...

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School dropout numbers are increasing in Bangladesh

school

MNA Editorial Desk: School dropout rates in Bangladesh, with a population of 150 million, have always been high, but new research suggests that the numbers are increasing. Despite the recent progress in enrolment, there has been a dropout rate of 21% in primary education, according to the Education for All (EFA) Global Monitoring Report. From 2005 to 2013, the net enrolment rate increased by 10.1 per cent—from 87.2 in 2005 to 97.3 in 2013—while the average dropout rate slump more than half from 10.2 per cent to 4.3 per cent during the same period, the report says. Most of the ...

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