VAT

BRAC Bank, PROVATi3-LGED, bKash tie up for digital payment of stipend

Business Desk

BRAC Bank, PROVATi3-LGED, and bKash Limited have entered into a tripartite agreement to facilitate the digital disbursement of stipends to ...

NBR plans to collect Tk 11,450cr additional VAT in FY25

Business Correspondent

The National Board of Revenue (NBR) plans to collect an additional Tk11,450 crore by increasing value-added tax (VAT) rate and ...

15% VAT to be levied on metro rail tickets from Monday

Observer Online Report

A 15 per cent value-added tax (VAT) is going to be levied on metro rail tickets from Monday (July 1).The ...

VAT on tour operators to hinder tourism development

Different tourism stakeholders called for withdrawal of the 15 percent Value Added Tax (VAT) on tour operator services, proposed in ...

VAT on tour operators to hinder tourism development: stakeholders

Observer Online Desk

Different tourism stakeholders on Saturday called for withdrawal of 15 per cent VAT on tour operator services, proposed in the ...

Tk 152cr embezzlement: Travel ban on ex-VAT commissioner Waheeda

Observer Online Report

A Dhaka court on Thursday imposed a travel ban on Waheeda Rahman Choudhury, former commissioner of the Large Taxpayer Unit ...

NBR official sued for waiving Tk 153cr in VAT to 4 mobile cos

Staff Correspondent

The Anti-Corruption Commission on Tuesday filed a case against Waheeda Rahman Chowdhury, former commissioner of National Board of Revenue, on ...

TOAB wants continuation of existing VAT exemption

Business Correspondent

Tour Operators Association of Bangladesh (TOAB) President and FBBCI Travel, Tour and Hospitality Standing Committee Chairman Md. Rafeuzzaman urged on ...

Embezzlement of Tk 152 crore: Former VAT commissioner Waheeda sued

Observer Online Report

The Anti-Corruption Commission (ACC) has sued former commissioner of large taxpayers' unit (LTU) of value-added tax (VAT) of the National ...

Re-consider VAT imposed on tourism sector

Similar to many other sectors, the government now decided to impose 15 percent value added tax (VAT) on the tourism ...

Bajus alleges NBR takes Tk 90 bribe against every Tk 10 VAT

Business Correspondent

Bangladesh Jewelers Association (BAJUS) alleged that the National Board of Revenue (NBR) takes Tk 90 bribe under the guise of ...

BTMA calls for removal of VAT on scrap RMG fabrics

Business Correspondent

Bangladesh Textile Mills Association (BTMA) has demanded that the 7.5 percent VAT levied on scrap RMG fabrics [jhut] and 15 ...

TOAB demands withdrawal of VAT on tourism sector

Tour Operators Association of Bangladesh (TOAB), the apex tourism association of the tourism sector, demanded the withdrawal of the 15 ...

TOAB demands lifting of VAT on tourism sector

Observer Online Report

Tour Operators Association of Bangladesh (TOAB), the apex tourism association of the tourism sector, demanded withdrawal of the 15 per ...

Uncertainty surrounds VAT exemption for Metro Rail tickets

Observer Online Desk

No decision has been made yet on extending the VAT exemption for Dhaka Metro Rail tickets, which is set to ...

MPs to pay 25pc customs duty, VAT on imported cars

The government has decided to pull the reins on the exemption of duty-free cars for the members of the 12th ...

Quader expresses discontent over NBRs move to impose 15% VAT on metro rail

Expressing dissatisfaction over the NBRs move to impose 15% VAT on people-friendly Metro rail, Road Transport and Bridges Minister Obaidul ...

Metro Rail's reputation will get tarnished if VAT imposed: Quader

Observer Online Report

Road Transport and Bridges minister Obaidul Quader has said that the National Revenue Board (NBR) has imposed 15 per cent ...

BD mulls VAT exemption for recycled fibre industry

Business Correspondent

Bangladesh is reportedly mulling over exempting locally-produced recycled fibre and its raw materials from value-added tax (VAT) to protect the ...

IPD opposes VAT on Metrorail fare

Dhaka, Apr 7: Institute for Planning and Development (IPD), a planning and development research and policy analysis organisation, on Sunday ...

IPD opposes VAT on Metro Rail fare

Observer Online Desk

Institute for Planning and Development (IPD), a planning and development research and policy analysis organisation, on Sunday strongly opposed the ...

No idea about 15pc VAT on metro rail ticket: Quader

Observer Online Desk

Amid speculations regarding the imposition of a 15 per cent VAT on metro rail’s ticket with effect from July 1, ...

15pc VAT on Metro Rail tickets from July likely

Observer Online Desk

The National Board of Revenue (NBR) has decided to withdraw the tax exemption enjoyed by the Metro Rail authority from ...

Jewelers seek reduction of VAT on sales

Business Correspondent

Bangladesh Jewelers Association (BAJUS) has demanded reduction of VAT (value added tax) to 3 per cent for from the existing ...

WB says BD can raise 3 times more VAT if measurers updated

Business Correspondent

Bangladesh has the potential to collect three times more value-added tax (VAT) if policy and compliance gaps can be reduced, ...

BGAPMEA demands withdrawal of VAT on raw materials

Bangladesh Garments Accessories and Packaging Manufacturers and Exporters Association (BGAPMEA) has demanded withdrawal of value-added tax (VAT) on purchase of ...

Gold import without strings, tax VAT cut can stop smuggling, say traders

BAJUS Jewellery Fair 2024 starts tomorrow

Mizanur Rahman

Gold import without strings, tax VAT cut can stop smuggling, say traders

The gold import policy is not enough; it needs to be broadened to allow open import without restrictions, traders say. ...

CSOs demand VAT abolition as a poverty reduction strategy

Staff Correspondent

Led by Equity and Justice Working Group (EquityBD), 12 civil society organisations on Wednesday demanded abolition of, what they called ...

VAT collection rises by 21pc in first 5 months of FY24

Business Correspondent

The National Board of Revenue (NBR) has reported a 21 percent year-on-year rise in VAT collection from large companies in ...