- Finance Adviser Dr Salehuddin Ahmed stated there is no link between VAT increase and dearness allowance
- Bangladesh has low tax rates compared to other countries, limiting revenue for comprehensive services
- Recent VAT increase on eyeglasses was defended by the adviser
- He highlighted the need for realistic expectations due to low tax revenue
- The adviser emphasized the importance of finding areas to increase revenue
- He mentioned the need for more economical government spending and completion of projects on time
Source: dhakatribune.com
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.
Latest Posts in "Bangladesh"
- 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
- NBR Aims to Register 100,000 New Businesses for VAT During VAT Week Launch
- Government Suspends VAT Payer Awards for Second Year Amid Policy Review and Austerity Measures














