The National Board of Revenue (NBR) waived 7.5-per cent value-added tax (VAT) on local procurement of aluminium scraps and wastes by utensil-manufacturing industries. The NBR’s VAT wing issued a gazette making the VAT exemption effective from Monday (June 26). The NBR also reduced VAT on ballpo
Source: thefinancialexpress.com.bd
Latest Posts in "Bangladesh"
- Economists Urge Shift to Direct Taxes as VAT Burden Grows for Bangladesh’s Poor and Middle Class
- Government Extends VAT Exemption on Metro Rail Tickets, Reduces Import Tax on Dates
- Finance Adviser Criticizes VAT Evasion, Urges Simpler System and Greater Accountability in Bangladesh
- Government Aims for Transparent, Hassle-Free, Technology-Driven VAT System for Public Trust
- NBR Chief Urges Broader VAT Registration to Reduce Import Reliance and Boost Domestic Revenue
