The document discusses the tax structures of Bangladesh and Pakistan. It provides details of different types of income and applicable tax rates in Bangladesh, including income from salary, interest and securities, house property, agriculture, business/profession, capital gains, and other sources. For Pakistan, it mentions tax rates for salary income, capital gains, companies, agriculture, inter-corporate dividends, income from property, and dividend income and sales tax. The presentation was made by 5 students on the tax structures of the two countries.
Banking system of Bangladesh and its development pattern MD. Rifat Hossain
Bangladesh is economy growing nation and Bank play very important role for a country development. The health a country is depends on its banking system . Bangladesh bank is the central bank of Bangladesh. .
A comparative study on islamic banking in bangladeshMd. Shahinuzzaman
A banking system that is based on the principles of Islamic law (also known Shariah) and guided by Islamic economics. Two basic principles behind Islamic banking are the sharing of profit and loss and, significantly, the prohibition of the collection and payment of interest. Collecting interest is not permitted under Islamic law. Where the conventional banking follows conventional interest-based principle.
Banking system of Bangladesh and its development pattern MD. Rifat Hossain
Bangladesh is economy growing nation and Bank play very important role for a country development. The health a country is depends on its banking system . Bangladesh bank is the central bank of Bangladesh. .
A comparative study on islamic banking in bangladeshMd. Shahinuzzaman
A banking system that is based on the principles of Islamic law (also known Shariah) and guided by Islamic economics. Two basic principles behind Islamic banking are the sharing of profit and loss and, significantly, the prohibition of the collection and payment of interest. Collecting interest is not permitted under Islamic law. Where the conventional banking follows conventional interest-based principle.
Overview of Financial System in Bangladesh
Introduction: A financial system is a system that to channels funds from lenders to borrowers, to create liquidity and money, to provide a payments mechanism, to provide financial services such as insurance and pensions and to offers portfolio adjustment facilities. A developed financial system is one that has a secure and efficient payment system, security market and financial intermediaries that arrange financing and derivative markets and financial institutions that provide access to risk management instruments. The present structure of the financial system in Bangladesh comprises of various types of banks, insurance companies, and non-bank financial institutions. Bangladesh Bank is at the top of the banking system and is accountable for assuring prudential administration and central banking activities for all types of banks operating within the banking industry. On the other hand, the Securities and Exchange Commission (SEC) of Bangladesh is the regulatory body for stock-market related activities.
The financial system of Bangladesh is comprised of three broad fragmented sectors: 1) Formal Sector, 2) Semi-Formal Sector, 3 ) Informal Sector.
The sectors have been categorized in accordance with their degree of regulation. The formal sector includes all regulated institutions like Banks, Non-Bank Financial Institutions (FIs), Insurance Companies, Capital Market Intermediaries like Brokerage Houses, Merchant Banks etc.; Micro Finance Institutions (MFIs). The semi formal sector includes those institutions which are regulated otherwise but do not fall under the legal system/ legislation of Central Bank, Insurance Authority, Securities and Exchange Commission or any other enacted financial regulator. This sector is mainly represented by Specialized Financial Institutions like House Building Finance Corporation (HBFC), Palli Karma Sahayak Foundation (PKSF), Samabay Bank, Grameen Bank etc., Non Governmental Organizations. The informal sector includes private intermediaries which are completely unregulated.
The financial market in Bangladesh is mainly of following types:
Money Market:
The primary money market is comprised of banks, FIs and primary dealers as intermediaries and savings & lending instruments, treasury bills as instruments. There are currently 15 primary dealers (12 banks and 3 FIs) in Bangladesh. The only active secondary market is overnight call money market which is participated by the scheduled banks and FIs. The money market in Bangladesh is regulated by Bangladesh Bank (BB), the Central Bank of Bangladesh.
Capital market:
The primary segment of capital market is operated through private and public offering of equity and bond instruments. The secondary segment of capital market is institutionalized by two (02) stock exchanges-Dhaka Stock Exchange and Chittagong Stock Exchange. The instruments in these exchanges are equity securities (shares), debentures, corporate bonds and
overview of financial system and banking system in
,
financial system in bangladesh
,
role of bank
,
sources of income of banks
,
principles of commercial bank
,
function of banks
This article analyzes the impact of Microfinance in the different parts of the world including India, Malaysia, Nepal, Bangladesh, Maldives, Africa and others.
“Analysis of Financial Performance of Jamuna Bank Limited”.pptfaqrul islam
Presentationon
“ANALYSIS OF FINANCIAL PERFORMANCE OF JAMUNA BANK LTD.’’
AREAS COVERED:
Objectives of the Report
The methodology of the Report
Limitations
Company Overview
Ratio Analysis of Jamuna Bank Ltd
Comparative Analysis
Findings of the Study
Recommendations
OBJECTIVES OF THE REPORT
Broad Objective:
The board objective of this is report to analyze the financial performance of Jamuna Bank Limited.
Specific Objectives:
To analyze the liquidity position of Jamuna Bank Limited.
To analyze the asset utilization performance of Jamuna Bank Ltd.
To assess the debt position of Jamuna Bank Ltd.
To analyze the profitability Jamuna Bank Ltd.
To compare the financial performance of Jamuna Bank Ltd. within the banking industry.
METHODOLOGY
Research Design:
This report is descriptive in nature which revels the financial performance of Jamuna Bank Ltd. It has also been administered by collecting secondary data. The secondary are collected from the annual report of Jamuna Bank Ltd, annual report of Bangladesh Bank, Website & book. The data are collected for the period of 2012 to 2016. The use of primary data is very limited in the report. Some information has been collected from observation & discussion with officers of Jamuna Bank Ltd.
INSTRUMENTS USED FOR ANALYSIS:
The ratio analysis is used to analyze the financial Performance of Jamuna Bank Ltd Ltd. Different types of computer software such as- Microsoft word, Microsoft excel etc. are used for analyzing and reporting purpose of the study. The ratio analysis is conducted in form of trend analysis.
Trend Analysis: Trend analysis is the analysis of firm’s performance over time using ratios. It is really important to analyze trend in ratio as well as their absolute levels. This analysis informs us whether a company’s financial condition improving or degenerating.
Comparative Analysis: Comparative analysis takes several periods of information and compares them from period to period.
LIMITATIONS
One of the major limitations is the shortage of internship period. Since three month is not enough to know everything of a bank, so this report does not contain all the area of Jamuna Bank ltd.
The employees in the Jamuna Bank ltd. are so much busy in their responsible fields they could provide me very little time.
Large scale analysis was not possible due to constraints & restrictions posted by the banking authority.
Limitation of personal knowledge is another one. Some knowledge has known no bound, so this report is incapable to represent all things with more depth.
Every organization has report did not disclose much information for the sake of organization confidentiality.
I carried out such a study for the first time so inexperience is one of the main constraints of study.
COMPANY OVERVIEW:
Overview of Financial System in Bangladesh
Introduction: A financial system is a system that to channels funds from lenders to borrowers, to create liquidity and money, to provide a payments mechanism, to provide financial services such as insurance and pensions and to offers portfolio adjustment facilities. A developed financial system is one that has a secure and efficient payment system, security market and financial intermediaries that arrange financing and derivative markets and financial institutions that provide access to risk management instruments. The present structure of the financial system in Bangladesh comprises of various types of banks, insurance companies, and non-bank financial institutions. Bangladesh Bank is at the top of the banking system and is accountable for assuring prudential administration and central banking activities for all types of banks operating within the banking industry. On the other hand, the Securities and Exchange Commission (SEC) of Bangladesh is the regulatory body for stock-market related activities.
The financial system of Bangladesh is comprised of three broad fragmented sectors: 1) Formal Sector, 2) Semi-Formal Sector, 3 ) Informal Sector.
The sectors have been categorized in accordance with their degree of regulation. The formal sector includes all regulated institutions like Banks, Non-Bank Financial Institutions (FIs), Insurance Companies, Capital Market Intermediaries like Brokerage Houses, Merchant Banks etc.; Micro Finance Institutions (MFIs). The semi formal sector includes those institutions which are regulated otherwise but do not fall under the legal system/ legislation of Central Bank, Insurance Authority, Securities and Exchange Commission or any other enacted financial regulator. This sector is mainly represented by Specialized Financial Institutions like House Building Finance Corporation (HBFC), Palli Karma Sahayak Foundation (PKSF), Samabay Bank, Grameen Bank etc., Non Governmental Organizations. The informal sector includes private intermediaries which are completely unregulated.
The financial market in Bangladesh is mainly of following types:
Money Market:
The primary money market is comprised of banks, FIs and primary dealers as intermediaries and savings & lending instruments, treasury bills as instruments. There are currently 15 primary dealers (12 banks and 3 FIs) in Bangladesh. The only active secondary market is overnight call money market which is participated by the scheduled banks and FIs. The money market in Bangladesh is regulated by Bangladesh Bank (BB), the Central Bank of Bangladesh.
Capital market:
The primary segment of capital market is operated through private and public offering of equity and bond instruments. The secondary segment of capital market is institutionalized by two (02) stock exchanges-Dhaka Stock Exchange and Chittagong Stock Exchange. The instruments in these exchanges are equity securities (shares), debentures, corporate bonds and
overview of financial system and banking system in
,
financial system in bangladesh
,
role of bank
,
sources of income of banks
,
principles of commercial bank
,
function of banks
This article analyzes the impact of Microfinance in the different parts of the world including India, Malaysia, Nepal, Bangladesh, Maldives, Africa and others.
“Analysis of Financial Performance of Jamuna Bank Limited”.pptfaqrul islam
Presentationon
“ANALYSIS OF FINANCIAL PERFORMANCE OF JAMUNA BANK LTD.’’
AREAS COVERED:
Objectives of the Report
The methodology of the Report
Limitations
Company Overview
Ratio Analysis of Jamuna Bank Ltd
Comparative Analysis
Findings of the Study
Recommendations
OBJECTIVES OF THE REPORT
Broad Objective:
The board objective of this is report to analyze the financial performance of Jamuna Bank Limited.
Specific Objectives:
To analyze the liquidity position of Jamuna Bank Limited.
To analyze the asset utilization performance of Jamuna Bank Ltd.
To assess the debt position of Jamuna Bank Ltd.
To analyze the profitability Jamuna Bank Ltd.
To compare the financial performance of Jamuna Bank Ltd. within the banking industry.
METHODOLOGY
Research Design:
This report is descriptive in nature which revels the financial performance of Jamuna Bank Ltd. It has also been administered by collecting secondary data. The secondary are collected from the annual report of Jamuna Bank Ltd, annual report of Bangladesh Bank, Website & book. The data are collected for the period of 2012 to 2016. The use of primary data is very limited in the report. Some information has been collected from observation & discussion with officers of Jamuna Bank Ltd.
INSTRUMENTS USED FOR ANALYSIS:
The ratio analysis is used to analyze the financial Performance of Jamuna Bank Ltd Ltd. Different types of computer software such as- Microsoft word, Microsoft excel etc. are used for analyzing and reporting purpose of the study. The ratio analysis is conducted in form of trend analysis.
Trend Analysis: Trend analysis is the analysis of firm’s performance over time using ratios. It is really important to analyze trend in ratio as well as their absolute levels. This analysis informs us whether a company’s financial condition improving or degenerating.
Comparative Analysis: Comparative analysis takes several periods of information and compares them from period to period.
LIMITATIONS
One of the major limitations is the shortage of internship period. Since three month is not enough to know everything of a bank, so this report does not contain all the area of Jamuna Bank ltd.
The employees in the Jamuna Bank ltd. are so much busy in their responsible fields they could provide me very little time.
Large scale analysis was not possible due to constraints & restrictions posted by the banking authority.
Limitation of personal knowledge is another one. Some knowledge has known no bound, so this report is incapable to represent all things with more depth.
Every organization has report did not disclose much information for the sake of organization confidentiality.
I carried out such a study for the first time so inexperience is one of the main constraints of study.
COMPANY OVERVIEW:
The basic schemes, reforms, policy announced by our financial minister Mr. Arun Jetley was described in the slides. It will be more useful for everyone. It helps even a common man to learn about our country's budget.
Our Tax team has summarised the important compliance related provisions of Income Tax Act 1961 and prepared the compliance hand book for easy reference.
We all welcome the Union Budget 2016-17 and consider it reformist budget aimed at creating strong base for economic growth.
The budgetary proposals are built on transformative agenda standing on nine (9) pillars, which could be regarded as facilitators to the various programs of national importance (7 programs) like Start-up India, Digital India, Make in India, Smart India, Stand-up India, Skill India and Clean India.
Compliance manual for the the financial year 2020-21 (A.Y. 201-22). This covers basic compliance of Income Tax , GST , Covid 19 relaxation , Companies and Limited liability partnership .
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
Introduction to AI for Nonprofits with Tapp NetworkTechSoup
Dive into the world of AI! Experts Jon Hill and Tareq Monaur will guide you through AI's role in enhancing nonprofit websites and basic marketing strategies, making it easy to understand and apply.
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
Acetabularia Information For Class 9 .docxvaibhavrinwa19
Acetabularia acetabulum is a single-celled green alga that in its vegetative state is morphologically differentiated into a basal rhizoid and an axially elongated stalk, which bears whorls of branching hairs. The single diploid nucleus resides in the rhizoid.
Francesca Gottschalk - How can education support child empowerment.pptxEduSkills OECD
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Honest Reviews of Tim Han LMA Course Program.pptxtimhan337
Personal development courses are widely available today, with each one promising life-changing outcomes. Tim Han’s Life Mastery Achievers (LMA) Course has drawn a lot of interest. In addition to offering my frank assessment of Success Insider’s LMA Course, this piece examines the course’s effects via a variety of Tim Han LMA course reviews and Success Insider comments.
Embracing GenAI - A Strategic ImperativePeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
2. Md. Nazmul Hasan Khan -1310411
Asif Ahmed-1310493
Jitu Saha-1231017
Junait Husain Rahul-1310911
Md. Dilwar Hussain-1310239
WE ARE
3. TAX STRUCTURE IN BANGLADESH
oIncome from salary
oIncome from Interest and
Securities
oIncome From house property
oIncome from agriculture
oIncome under Capital Gain
oIncome from business and
profession
oIncome from other source
4. Name of source Assessment year
2016-2017
Basic salary Full taxable
Dearness Allowance Fully taxable
Annuity Fully taxable
Festival bonus Fully taxable
Employers contribution to recognized
provident fund
Fully taxable
Interest on recognized provident fund Excepted: Lower of interest @ 14.5% or 1/3
of basic salary
Medical allowance Exempted: Tk 120000 or 10 % of basic salary
whichever is lower
House rent allowance Exempted: Lower of 50% basic salary or tk
300,000 annually
Rent free accommodation The rental value or 25% of basic slary
whichever is lower
Conveyance allowance Exempted: Up to 30,000
INCOME FROM SALARY
5. Broad categories Sub categories Basis of Chargeability for
Assessment Year 2016-17
Government securities Tax-exempted government
securities
•No TDS
•No Admissible Expanse
•Fully Exempted
Taxable government securities •5% TDS
•Grossing up is required if net
interest amount is given
•Admissible expanses are to be
deducted
•Fully taxable
Commercial securities Debentures •5% TDS
•Grossing up is required if net
interest amount is given
•Admissible expanses are to be
deducted
•Fully taxable
Zero coupon Bond •No TDS
•No Admissible Expanse
•Fully Exempted
6. Fully let out house property.
Partly let out house property.
Fully occupied let out house property by the
owner.
Admissible Expanse of House Property:
Land development.
Interest on mortgage loan.
Annual tax.
Vacancy allowance.
7. AL BOP
Income from Tea garden 60% 40%
Income from Rubber garden 60% 40%
Income from Tobacco/Sugar and other similar
Products industry:
Further processing is done by the assesses -
60% 40%
No further processing and sole to others
-
100% 0%
Description Assessment Year 2016-17
•Fully Agriculture Income
•Partly Agriculture Income
Income from Agriculture
8. •Income from sale of palm juice and date juice
•Income from land leased for agricultural purpose
•Income from any system of sharing of crop generally known
as adhi, barga, or bhag
•Income from ferry ghat, mooring terminal and fishing
•Income from salt production by flooding the land with sea
water and then extracting salt therefore
Other agricultural income
10. INCOME FROM BUSINESS AND PROFESSION
Description Assessment Year: 2016-2017
Buildings (General) 10%
Factory buildings 20%
Furniture & fittings 10%
Office equipment 10%
Machinery & plant (General) 20%
Ocean going ships (New) 12%
11. TAX EXEMPTED CAPITAL GAINS
The transfers of capital asset used for the
purpose of business
The transfer of government securities
The transfer of capital being building or
land to a new company
The transfer of Securities approved by SEC
& traded in Stock Exchanges in some
specific cases
12. INCOME FROM OTHER SOURCE
Description Assessment year:2016-17
Dividend from mutual fund 5%
Income by winning lottery , gambling 20%
Interest on saving certificate(3-5
years
5%
Commission/fee 5%
13. Sources of income
1.Salaries
2.Interest on securities
3.Income from property
4.Agricultural income
5.Income from business or professions
6.Capital gain
TAX STRUCTURE (TAX SYSTEM) IN PAKISTAN
14. Under the income tax slabs 2016-17 salaried person finance
Act 2016 when the income of an individual chargeable under
head “salary” exceeds 50% of his taxable income.
Capital Gain:
Capital Gain tax rate in Pakistan is 17.50%
Tax on Companies:
Corporate/company tax rate 32%
Banking company tax rate 35%
Small company tax rate 25%
SALARY TAX:
15. Agricultural income:
The government has proposed only Rs 2.3 billion
agriculture income tax in the provincial budget 2015-16
though the agriculture sector contributes 21 percent to
GDP and provides employment to 45 percent of the
production. It is about 4.6 percent
Inter-corporate dividend Tax:
Tax on the dividends received by a public company from
a Pakistan company is payable at the rate of 5% and at
the rate of 15% in case dividends are received by a
foreign company. Inter-corporate dividends declared or
distributed by power generation companies is subject to
reduced rate of tax 7.5%.
INCOME FROM PROPERTY:
16. Treatment of Dividend income:
Dividend income received as below enjoys tax exemption,
provided it does not exceed Rs. 10,000/-.
Sales Tax:
Sales Tax or GST (Goods and services Tax) is levied at various
stages of economic activity at the rate of 16 percent on: