- NBR is introducing e-invoice system to automate VAT collection
- Device-based taxing system being dumped after prolonged piloting
- E-invoicing to be introduced in phases starting with large taxpayers
- EoI invited to hire software development firms for the switch
- NBR still hopeful about Electronic Fiscal Device for retail collection
- Device-based VAT collection system proved ineffective after two decades
- CPD suggests developing culture for payment of taxes in broader aspects
- Accountability in management must be ensured for tax collection
- NBR previously hired Genex Infosys to install EFDs, but only 11,000 devices installed so far
Source: thefinancialexpress.com.bd
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.
