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IMF recommends that Bangladesh reduces its (VAT) exemptions

The International Monetary Fund (IMF) has called for reducing tax exemption in all the three sectors – income tax, value added tax (VAT) and customs. The tendency of tax exemption is high in Bangladesh as compared to other countries, according to the organisation. As a result, it is not possible to collected the targetted desired revenue.

Source: prothomalo.com

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