VATupdate

Share this post on

NBR Extends Metro Rail VAT Exemption Until June 2026 to Promote Mass Transit

  • The National Board of Revenue (NBR) has extended the VAT exemption on Metro Rail services until June 30, 2026.
  • The previous exemption was set to expire on December 31, 2025.
  • The extension aims to promote the use of environment-friendly mass transit and keep fares affordable.
  • The decision follows a recommendation from the Ministry of Road Transport and Bridges.
  • The move is expected to reduce traffic congestion and carbon emissions in the capital.

Source: en.ittefaq.com.bd

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.



Sponsors:

Pincvision

Advertisements:

  • Exchange Summit
  • Pincvision