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Bangladesh's Public Finance Management: Challenges and Opportunities

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Bangladesh's Public Finance Management: Challenges and Opportunities

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Questions and Answers

What is the potential drawback of regulating the F-commerce sector?

It may impede the organic growth of the sector.

What measure should the GoB take to formalize the F-commerce sector?

Bring it within the ambit of legal framework.

What is the proposed solution to make it easier for businesses to operate in the digital ecosystem?

Developing a special website that contains all the relevant rules, regulations, provisions, and SROs associated with digital economy taxation.

What type of guidelines is the NBR suggested to publish?

Guidelines for digital economy taxation similar to the Income Tax Nirdershika. Signup and view all the answers

What is the purpose of developing a National Startup Policy?

To foster the growth of the startup ecosystem and attract foreign investment to the sector. Signup and view all the answers

Why is it important to introduce a personal data protection law?

To ensure the interests of consumers are safeguarded, and their personal information is protected from unauthorized access and misuse. Signup and view all the answers

What should be included in the guidelines for digital economy taxation?

An explanation of relevant tax provisions related to the digital economy, along with practical examples. Signup and view all the answers

What is the purpose of promoting the use of metadata for taxing purposes?

To promote evidence-based policymaking. Signup and view all the answers

What is the potential benefit of using metadata for taxing purposes?

It can facilitate evidence-based developmental decision-making. Signup and view all the answers

What is the expected outcome of introducing a personal data protection law and promoting the use of metadata for taxing purposes?

Safeguarding consumer interests and promoting evidence-based policymaking. Signup and view all the answers