ICAB terms proposed budget for FY22 as timely and comprehensive | Bangladesh Sangbad Sangstha (BSS) bssnews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bssnews.net Daily Mail and Mail on Sunday newspapers.
The Institute of Chartered Accountants of Bangladesh (ICAB) welcomed the budget for the FY 2021-22 for the reduction of corporate tax rate, tax exemption from automobile, home appliance, light engineering along with tax incentive for employment of transgenders. They also showered praises on the government for their timely budget which exempted women SME entrepreneurs from tax,
[media type="image" id="939097" layout="portrait" position="right" caption="1"][/media] Economists and businesspeople in general have labelled the proposed national budget for fiscal 2021-2022 a conventional one which is seemingly a continuation of last year's financial plan. Besides, the necessary allocations and strategy reforms needed to address the new challenges stemming
âProduction of multiple financial statements of companies to be stoppedâ
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DHAKA, Dec 22, 2020 (BSS) – Chairman of Financial Reporting Council (FRC) Hamid Ullah Bhuiyan today said if the Document Verification System (DVS) becomes effective, the production of two or three types of financial statements will be stopped.
The FRC Chairman said this at an MoU signing ceremony today.
With a view to ensuring transparency and accountability and strengthening the monitoring and review system of the audited Financial Statements, the FRC under the Ministry of Finance, signed an MoU regarding the use of DVS, with the Institute of Chartered Accountants of Bangladesh (ICAB) at its Auditorium today.