- E-commerce sector concerned about VAT increase from 5% to 15% in FY26 budget
- Businesses fear profit margins will be further eroded
- Mohammad Sahab Uddin urges government to reconsider decision
- VAT hike may lead to price increases for online products
- High inflation already affecting demand and sales
- Daraz Bangladesh states small and medium enterprises will be disproportionately affected
- VAT increase poses obstacle to e-commerce growth and global competitiveness
- Potential threat to future foreign investment in the sector
- Waseem Alim highlights transparency of e-commerce turnover
- Bangladesh lags behind peer economies in digital commerce
- E-commerce optimizes limited infrastructure use in Bangladesh
- Potential to reduce urban infrastructure pressure by 20% or more
- Bangladeshi startups face venture capital shortage and resource constraints
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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