Dhaka | Dhaka City | Bangladeshi News
Dhaka | Dhaka City | Bangladeshi News
Mentioning that he would talk to the Prime Minister on the issue of VAT on Metrorail tickets, Obaidul Quader today said, “Metrorail is a special service of public transport. People are benefiting from this. I don't know who suddenly gave such news before any decision was taken at the highest level of the government. At […]
In this regard, the VAT Division of the National Board of Revenue (NBR) issued an office order on Thursday expressing its inability to waive tax on the country's first metro rail. At present, the Metro Rail has the privilege of tax exemption till the end of the current financial year. The operating authority, Dhaka Mass […]
Later, Metrorail officials wrote a letter to NBR Chairman Abu Hena Mohammad Rahmatul Munim, presenting their arguments against imposing VAT on Metrorail tickets. Regarding this, Dhaka Mass Transit Company Limited (DMTCL) Secretary and Director Abdur Rauf told Prothom Alo that there is a law to levy 15 percent VAT on air-conditioned train tickets. But all […]
In 2022, the government increased duties on imported dates in an effort to keep imports under control. It consisted of 25 percent import duty, 15 percent VAT, 5 percent advance income tax, 5 percent advance tax and 3 percent regulatory duty. The total tax burden was 59 percent. Recently, the government cut import duty by […]
Member of Parliament AK Azad has commented that Bangladesh Bank does not have enough power to regulate the banking sector. He said that a business group had borrowed Tk 12 billion from a bank but Bangladesh Bank was not aware of it. AK Azad, former president of the Federation of Bangladesh Chambers of Commerce and […]
He made the remarks while addressing the inaugural function of ‘Three Months Certificate Course on Customs, Bonds, VAT, Taxes and SD’ as the chief guest. The event was organized by Bangladesh Garments Accessories and Packaging Manufacturers and Exporters Association (BGAPMEA) in association with Bangladesh Tax Training Institute (BTTI) in Dhaka on Sunday. Azizur Rahman, Commissioner, […]
NBR officials said that out of the total revenue collection of Rs 1,96,037.51 crore during this eight-month period, Rs 59,198.07 crore was received from customs duty, Rs 76,401.46 crore from VAT and Rs 60,437.98 crore from income tax and travel tax. This total revenue collection, however, is short of the revenue collection target of Tk […]
Local and foreign brands alike have started taking advantage of the growing market by setting up mobile phone manufacturing plants in Bangladesh. Production and sales of “Made in Bangladesh” handsets are growing rapidly amid a sharp decline in imports. Locally manufactured handsets from about a dozen small and large factories are meeting the bulk of […]
The Appellate Division of the Supreme Court has ordered Grameenphone, Robi and Banglalink to pay a total of Tk 23.55 billion in various fees and value-added tax. Grameenphone alone will have to pay Rs 11.65 billion, while Robi will pay Rs 6.25 billion and Banglalink Rs 5.65 billion. An appellate bench headed by Chief Justice […]
The National Board of Revenue has extended exemption on VAT for import of cooking oil for four months to keep prices low during Ramzan when demand increases. According to a notice published on Tuesday, traders will be able to import cooking oil by paying 5 per cent VAT till April 30. VAT exemption of 15 […]
