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Bangladesh Reverses Indirect Tax Increases on Restaurants and Telecommunications Industry

  • Bangladesh reverses tax hikes on restaurants and telecommunications industry
  • Value-added tax rate on restaurant services to return to five percent
  • Tax hikes on mobile phone usage and internet services to be dropped
  • Higher taxes on clothes and medicines also expected to be reversed

Source: library.croneri.co.uk

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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