Fastenz

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Finatomics Finatomics

The long waited SRO on reduced tax rate for Fund is finally released.

Instead of charging 27.5% or 30% if certain are fulfilled, 15% tax will applicable for:
1. Recognised provident fund
2. Approved gratuity fund
3. Approved superannuation fund
4. Approved pension fund.

Reference: এস .আর.ও. নং ৩৩৩ - আইন / আয়কর / ২০ / ২০২৩

Job Role: Finance Associate Executive
Department: Finance
Salary Range: 23-30K (Depends on Experience)

Reporting to: Finance Lead
Location: Zerabo, Asulia.

Vacancy Announcement:
Footsteps Bangladesh Limited is a Joint venture company with WalkaroO International, India. The Company is manufacturing and selling P U Footwears under the Brand “WalkaroO”. The Company has a manufacturing facility at the Dhaka
We are looking for a competent "Finance Associate Executive/Executive."

Job Role: Finance Associate Executive
Department: Finance
Reporting to: Finance Lead
Location: Zerabo, Asulia.
Salary Range: 23-30K (Depends on Experience)
Education Qualification:
Post-graduation degree or MBA in Finance from a reputed institution.
Experience:
Minimum2 years is Experience required, VAT Management Experience will be added qualification for this post.

Please read carefully and apply, only if you meet the above criteria only :
E-mail to: [email protected]
Zinat Hasnin
Lead HR
Footsteps Bangladesh Limited
Zirabo, Asulia, Dhaka.

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Is the online platform similar to the eMarketplace? i think No!

Under online platform model, seller has to own the goods/services from manufactures and then earn the spread on which 5% VAT is applicable.

Now, what will be the VAT rate if it is a pure electronic marketplace where both sellers and buyers interact directly and platform owner (earns commission on the transaction value according to predetermined rate) is independent of transacting parties?

A big opportunity of market expansion has emerged in Bangladesh where NBR require to come up with clear guidelines.