The proposed substantial increase in indirect taxes, such as the value-added tax (VAT), for the next fiscal year is a cause for concern amid persistent inflation. Despite the implementation of contractionary monetary policy, there are no signs of inflation cooling down. Recent reports indicate that the finance ministry and the National Board of Revenue (NBR) are gearing up to boost revenue from VAT and supplementary duties on goods and services from the upcoming fiscal year.
Source: thefinancialexpress.com.bd
