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FBCCI President Urges to Stop Harassment for VAT and Tax Collection

  • FBCCI President criticizes harassment of businesses by revenue officials
  • Entrepreneurs are willing to pay taxes and VAT but are discouraged by difficulties
  • Finance Secretary hopes inflation will fall below 7% by end of fiscal year
  • NBR honors top VAT-paying companies
  • FBCCI President requests NBR to ensure no harassment of businessmen
  • Only 16,000 out of 10 lakh electronic fiscal devices distributed
  • Need to expand VAT at upazila level and promote automation
  • Tax breaks have contributed to local industrialization
  • Former NBR officials criticize current policies, including delayed refunds and burden of taxes
  • NBR officials emphasize importance of increasing government spending on infrastructure

Source: tbsnews.net

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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