value-added tax

Is VAT a regressive tax on the poor?

The share of value-added tax (VAT) in the national exchequer has continuously been creeping up ever since its introduction more than 27 years ago, and has increased in recent years to the point where it is the single biggest slice of revenue collections by the government.

June 9, 2022
June 9, 2022

Mobile handsets to be costlier

The price of the handsets will go up as the government today proposed 5 percent value-added tax on mobile handset sales.

July 2, 2018
July 2, 2018

Is VAT a regressive tax on the poor?

The share of value-added tax (VAT) in the national exchequer has continuously been creeping up ever since its introduction more than 27 years ago, and has increased in recent years to the point where it is the single biggest slice of revenue collections by the government.