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IMF Urges Bangladesh Bank to Impose 15% VAT on Businesses

  • IMF has asked Bangladesh Bank to disclose detailed information on bad and risky loans
  • A 10-member IMF delegation is in Dhaka to review progress before disbursement of loan
  • IMF proposed imposition of 15 percent VAT on businesses with over Tk 3 crore annual turnover
  • Businesses would be offered input tax credits

Source: ddnews.gov.in

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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