Over Tk1.50 trillion in value-added tax (VAT) remains out of net every year for weaknesses and loopholes in the collection system, still far off automation. No wonder, feel economists, efforts of the government to increase revenue receipts go in vain each year.
Source: thefinancialexpress.com.bd
Latest Posts in "Bangladesh"
- NBR Expands Customs, VAT Wings and Splits into Two Divisions to Boost Revenue and Tax Base
- NBR Unveils Major Customs and VAT Reforms to Expand Tax Net and Boost Revenue Collection
- NBR Finalises Draft VAT Rules, Introduces Online Payment and Registration System
- Bangladesh Exempts Bonded Exporters from VAT on Local Procurement to Boost Competitiveness
- NBR Simplifies VAT Rules for Deemed Exports to Boost Local Suppliers
