Bangladesh has long-standing trade relations with both India and China, along with loan agreements. While India traditionally led in trade and loan agreements, China has now overtaken India. This information comes from the Economic Relations Division (ERD) of the Ministry of Finance.
Although all citizens of the country are supposed to have equal rights under the constitution yet there is discrimination between government officials and private sector employees when it comes to pay income tax. Individuals involved in the management of the state, judges of the judiciary or government officials get various exemptions in paying income tax, but private employees have to pay income tax on all types of income. Practically two laws are still in force in one country.
In light of the 12th national parliamentary elections, independent candidates emerged strongers in terms of pushing the Awami League nominated ones to the corner. Party candidates are facing tough competition in constituencies where independent candidates hold significant influence and enjoy popularity.
Bangladesh Awami League successfully navigated political challenges and the global economic crisis in 2023. The 12th National Parliament Election is scheduled for January 7. Despite facing pressures, Awami League remained resilient and got opportunities to become a politically successful party. The party that was active on streets to tackle BNP, Awami League is now diverted its policies by getting involved in the electoral process. A victory in this election would mark Sheikh Hasina's party's fourth consecutive term in power.