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Tags : VAT


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Left parties call for VAT, SD rollback

Leaders of the Communist Party of Bangladesh and Socialist Party of Bangladesh on Monday at separate rallies in Dhaka called on the interim government to refrain from imposing increased value-added tax and supplementary duty on more than 100 commodities...

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FICCI expresses concern over VAT, SD hike

The Foreign Investors’ Chambers of Commerce and Industry has expressed deep concern over the recent decision to increase VAT and supplementary duty on a range of products without prior consultation with key stakeholders...

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Short-sighted policy on VAT, tax

THE increase in taxes on more than a hundred products has sparked widespread concern among the public. At a time when inflation is soaring and economic conditions are worsening, the increase has further strained the financial capability of ordinary citizens. This increase, which predominantly affects essential goods and services, will undoubtedly...

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Consumers Association of Bangladesh demands withdrawal of VAT, SD

The Consumers Association of Bangladesh has urged the government to withdraw its recent decision to increase VAT and supplementary duties on over 100 essential goods and services, citing its potential to exacerbate inflation and intensify public suffering...

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VAT, duty hike amid soaring inflation decried

Economists and a consumer rights body have criticised the rise in the value-added tax and supplementary duty on more than 100 products and services midway of the current financial year, saying...

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Pope Francis names first woman to head a major Vatican office

Pope Francis on Monday named the first woman to head a major Vatican office, appointing an Italian nun, Sister Simona Brambilla, to become prefect of the department responsible for all the Catholic Church’s religious orders.

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Pvt sector credit growth plunges to 7.66pc

Private sector credit growth in Bangladesh fell sharply to 7.66 per cent in November, the lowest in 41 months, intensifying challenges in the banking sector and the broader economy...

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VAT on 43 products, services to go up

The interim government has taken moves to increase value-added tax on 43 products and services such as clothes, restaurant bills, liquefied petroleum gas, air tickets, detergents and cigarette, which are feared to push up living costs further.

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Protection of parks from elevated expressway demanded

Urban planners and environmental activists at a human chain protested the construction of the Dhaka Elevated Expressway segment from Karwanbazar to Plassey Crossing, citing the destruction of Panthakunja Park and Hatirjheel lake in the capital...

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VAT on machinery for ship-recycling yards exempted

The government has exempted VAT, including advance tax, on importing capital machinery for ship-recycling yards to promote environmentally sustainable practices in line with global standards...

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Finance adviser hints at end to tax break

Finance adviser Salehuddin Ahmed on Tuesday said that the tax exception culture enjoyed by industries over the years was due largely to low domestic revenue generation...

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Pvt sector credit growth hits 41-month low

Private sector credit growth in Bangladesh dropped in October to 8.30 per cent, the lowest in 41 months, reflecting deepening challenges in the banking sector and the broader economy...

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Lack of awareness to cost farmers this season

Rajshahi farmers are set to face financial losses this year as they are applying three times more fertiliser than what is required due to lack of government initiatives to make people aware of the proper application of fertilisers...

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Soil: care for irreplaceable resource

SENEGALESE conservationist Baba Dioum at a meeting of the International Union for Conservation of Nature in New Delhi in 1968 said: ‘In the end, we will conserve only what we love; we will love only what we understand; and we will understand only what we are taught.’ If we accept the statement to be true, World Soil Day is of paramount importance in conserving soil, a non-renewable resource...

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No motorcycles, trailers on Ctg expressway

The Chattogram Development Authority is going to ban the movement of motorcycles and trailers on the elevated expressway between Lalkhan Bazar and Shah Amanat International Airport from...

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