- Syed Ershad Ahmed, president of AmCham, emphasized the need to revise the tax-free income limit in response to inflation
- He stressed the importance of automating the overall taxation system using technology and data-driven approaches
- NBR proposed a 15 percent standard VAT rate for FY25, potentially impacting imported goods
- Ahmed highlighted the need to regulate the VAT rate and exempt essential products
- Extending tax holiday for Bangladesh’s ICT sector would attract investors and fuel growth.
Source: thedailystar.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.
