Finance minister AHM Mustafa Kamal in his budget speech on Thursday proposed to impose a value added tax and additional tariffs on a number of products to raise the tax-GDP ratio.
He also proposed extending the existing tariff facilities and amending a number of existing policies to promote local industries.
Source: www.newagebd.net
Latest Posts in "Bangladesh"
- Gold Prices May Drop as Specific VAT Proposed on Jewellery Sector
- Govt to Slash VAT and Taxes on Imported Fertilisers and Pesticides
- Bangladesh to Make VAT Registration Mandatory for Most Businesses in Budget Reforms
- NBR Sets 30 June Deadline for Businesses to Join e-VAT System
- NBR Sets 30 June Deadline for Businesses to Join e-VAT System
