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Old Dhaka Business Leaders Demand Tax, VAT Simplification

  • Old Dhaka businessmen want simplified tax and VAT systems.
  • They also want eased traffic congestion, improved law and order, duty on tariff value of imported products, reduced VAT rates, stopped misuse of import under bond license facility, reduced government expenditure, automated and simplified port processes, and a package VAT system on essential commodities.
  • Old Dhaka entrepreneurs face challenges including traffic congestion, water logging, weak infrastructure, inadequate access to finance, law and order issues, dollar price fluctuations, import and export delays, high interest rates, increased VAT and tax rates, and a complex revenue structure.

Source: bssnews.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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