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FBCCI Demands Government Revoke VAT Hike and Supplementary Duties on Goods and Services

  • FBCCI’s Anti-Discrimination Reform Council wants government to revoke VAT hike
  • Council demands withdrawal of decision to increase VAT and supplementary duties on 100 products
  • Protested irregular increases in VAT and supplementary duties, as well as proposed gas price hike
  • Concerns raised over government’s decision to increase taxes without stakeholder consultation
  • Government’s regressive tax policy criticized for impacting lower-income and general consumers
  • Proposal to increase gas prices and VAT seen as hindering economic progress
  • Government urged to apply proper financial management to stabilize prices and control inflation

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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