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Why only private sector employees will bear the burden of taxes

M A Masum

A provident fund is an investment fund that is voluntarily established by Employer and employees to serve as long term savings to support an employee's retirement. It is a contributory or participatory financial facility. Both employer and employee have an equal contribution towards the employee provident fund. Government employees are more familiar with Provident Fund. ...

How strong are the walls of BRICS

M A Masum

Over the next 50 years, Brazil, Russia, India and China-the BRICs economies-could become a much larger force in the world economy, Goldman Sachs economist Jim O'Neill made this prediction in 2001 in his paper "The World Needs Better Economic BRICs". O'Neill is the former chairman of Goldman Sachs Asset Management, a subsidiary of leading global ...

Problems and prospects for Rupee-Taka trade

M A Masum

The US dollar is the most potent currency in the world today and is the world's leading reserve currency. About 90 per cent of the world's total economic transactions are conducted through US dollars. According to estimates, there is currently around 1.8 trillion US dollars worth of paper and metal currency circulating worldwide. The US ...

Digital banking to build smart financial system

M A Masum

Digital banking, although it may be used in numerous ways, essentially refers to a combination of online and mobile banking. Online banking involves accessing banking features and services via bank's website from computer. Using online banking portal, customer can apply for a loan or a credit card, as well as check balance or pay electricity ...

Editor : Iqbal Sobhan Chowdhury

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