Dr Fahmida Khatun expressed her disappointment over the decision to increase the Value Added Tax (VAT) rate and impose additional supplementary duties on more than 100 products by the interim government, just six months after it assumed power following the fall of the Awami League regime, which crumbled like ninepins in the face of a mass uprising in August last year...
Pope Francis marked a week in hospital with pneumonia Friday, as speculation grew over the 88-year-old鈥檚 ability to continue leading the Catholic Church.
The prices of imported fruits have surged by Tk30 to Tk100 per kilogram following the imposition of higher supplementary duties on all types of imported fruits since 9 January 2025.
Customers will no longer have to pay value added tax for purchases at supershops...
Fisheries and livestock adviser Farida Akhter on Monday said that the government was working to formulate a policy for controlling the production and cultivation of tobacco...
A top Vatican official on Thursday rejected US President Donald Trump鈥檚 proposal to move Palestinians from Gaza, saying 鈥榯he Palestinian population must remain on its land鈥�....
Pope Francis was admitted to hospital in Rome on Friday for tests and treatment for bronchitis, the Vatican announced....
National Board of Revenue has achieved a 26 per cent growth in new VAT registrations over the past six months, from August 2024 to January 2025, according to a press statement by the NBR...
Dhaka Chamber of Commerce and Industry (DCCI) President Taskeen Ahmed stressed the need for simplifying the tax and VAT system, also simplifying the system according to the size, nature, and capacity of the businesses by removing complexity and bottlenecks in the import-export procedures and fixing a realistic VAT rate...
The Dhaka Metropolitan Police will start filing video cases against those vehicles that cross speed of 100-kilometre per hour on the Dhaka Elevated Expressway for speeding from February 21.
An upazila land official in Rajshahi filed a case against two people, including Musfika Akter Mim, wife of customs excise and VAT commissionerate, Khulna鈥檚 deputy commissioner Md Abul Kalam Azad, for illegally excavating a pond on triple cropping land...
The government has issued a gazette exempting foreign doctors from paying Value Added Tax on the fees or consultation services they will provide to patients injured during the July-August uprising...
Member of the University Grants Commission of Bangladesh, Professor Masuma Habib, at a workshop in Dhaka on Tuesday said that the UGC would take initiatives to protect the intellectual property rights of university teachers in research and innovation...
An environment friendly steel plant of Bangladesh Steel Re-Rolling Mills Limited was built in Chattogram under the Private Sector Investment Finance scheme of Japan International Cooperation Agency...
A SIMPLE trip to the grocery store feels like a budgeting nightmare for the middle class. The recent increase in value-added tax and supplementary duty on over 100 items has triggered frustration and raised questions about whether the government is balancing its books at the expense of ordinary citizens...
The Centre for Policy Dialogue on Wednesday suggested closing down the private commercial banks which are now under life support and the finance ministry鈥檚 Financial Institutions Division for the division鈥檚 鈥榙ubious鈥� role in the financial sector...
Northern farmers on Wednesday staged a protest by dumping tomatoes on the Rajshahi-Dhaka Highway in Natore, demanding withdrawal of the increased value added tax and duty imposed on tomato and mango pulp...
Students from different private universities held a rally in Dhaka on Friday, demanding justice for the massacre in the July-August mass uprising.
Charge d鈥橝ffaires of the United States embassy to Bangladesh Tracey Ann Jacobson today expressed interest to expand cooperation for the development of the country鈥檚 private sector...
The National Board of Revenue has revised its tax policies, reducing value added tax and supplementary duty on several items and services, including mobile phone usage, broadband internet, medicine, ready-made clothes, restaurants, sweets, non-AC hotels, and motor workshops...
TECNO has been named as one of the 10 global smartphone brands of the year 2024-25 at the annual CES Global Top Brands Award and Product Innovation Awards, said a press release....
Stakeholders expressed apprehension that the sudden hike in VAT and SD would spur consumer prices, dampen demand and ultimately affect the government revenue...
The Bangladesh Nationalist Party on Saturday demanded immediate withdrawal of value added tax and supplementary duty increased on more than 100 products.
Deputy head of mission at the Brazilian embassy in Dhaka Leonardo de Oliveira Jannuzzi has said that Brazil could be a gateway in the future to connect Bangladeshi private sector businesspersons with Latin American markets...
Debapriya Bhattacharya, who led the committee that prepared the White Paper on the state of Bangladesh鈥檚 economy, on Saturday strongly criticised the interim government for increasing value-added tax 鈥榠nconsiderately鈥�...
Finance adviser Salehuddin Ahmed on Thursday said that the government was reviewing the issue of VAT rates, increased recently on some essential items and sectors like medicine and restaurants, as those affect the common people...
The Bangladesh Agro Processors Association has called on the government to withdraw the increased VAT and taxes on processed food products and cancel the proposed gas price hike within seven days...
The recent decision of the interim government to expand the VAT net and hike VAT rates at the behest of the International Monetary Fund has justifiably attracted harsh criticisms from all quarters. This is the worst decision of the interim government since its inception following the overthrow of the autocratic regime of Sheikh Hasina and is hence bound...
The price of liquefied petroleum gas has been slightly raised following a change in the structure of the value-added tax by the National Board of Revenue, according to the Bangladesh Energy Regulatory Commission...
The Democratic Student Alliance, a combine of seven student wings of left leaning political parties, on Tuesday held a protest march towards the chief adviser鈥檚 office, pressing for a five-point demand, including the withdrawal of the Value Added Tax recently imposed on over 100 commodities...