The National Board of Revenue (NBR) reported a robust 15.68 percent year on year (YoY) growth in Value Added Tax (VAT) collections, despite persistent pressures on key economic indicators such as inflation.
The fiscal year closed with near double-digit inflation rates at 9.95 percent.
Economists are viewing this rise in VAT collections as a positive trend for the economy, since the tax corresponds to common people’s consumption.
Source: www.daily-sun.com
Latest Posts in "Bangladesh"
- Government to Expand VAT Net to Grocery Stores, Beauty Parlours in 2026-27
- Bangladesh Plans VAT on 16 Retail Sectors from 2026-27
- IMF Pushes Bangladesh for 15% VAT, Banking Reforms in New Loan Deal
- Bajus Cuts Gold Ornament Prices Under New VAT-Inclusive System
- Budget 2026/27 Introduces Simplified Turnover Tax and Sweeping Indirect Tax Incentives
