value added tax (VAT)

June 13, 2021
June 13, 2021

Facebook gets VAT registration from NBR

Social media giant Facebook today got Value Added Tax (VAT) registration from the National Board of Revenue (NBR) after two years of stalemate.

July 27, 2019
July 27, 2019

Don’t harass businessmen during VAT collection: NBR chief

National Board of Revenue (NBR) Chairman Mosharraf Hossain Bhuiyan asks his officials not to harass businessmen during the collection of Value Added Tax (VAT).

June 18, 2019
June 18, 2019

‘7.5% VAT should be withdrawn from e-commerce’

State Minister for Post, Telecommunications and Information Technology Zunaid Ahmed Palak has requested National Board of Revenue (NBR) to withdraw 7.5 per cent VAT from e-commerce businesses.

June 16, 2019
June 16, 2019

Hiking tax on mobile phone use suicidal

The Association of Mobile Telecom Operators of Bangladesh (AMTOB) yesterday criticised the proposal to raise the supplementary duty on mobile phone use by 5 percentage points from fiscal 2019-20, terming it a “suicidal decision”.

June 7, 2018
June 7, 2018

VAT imposed on ride-sharing services

Government is planning to impose 5 percent value added tax on the ride-sharing services which will make the new kind of transporting system in big cities of the country costlier.

May 3, 2018
May 3, 2018

Garbage dumped to collect VAT from Cox’s Bazar hotels

Cox’s Bazar municipality authorities have dumped garbage in front of four residential hotels in a bid to collect taxes as the hotel managements did not pay it despite several notices were served.

May 27, 2017
May 27, 2017

15% uniform VAT won’t affect prices of essentials: Muhith

Reiterating his determination to keep 15 percent unified value-added tax (VAT) in the next fiscal, Finance Minister AMA Muhith claims that the uniform VAT will not affect the price of essentials.

May 17, 2016
May 17, 2016

VAT law could spell trouble

That the government needs to increase revenue is understandable, given that we are looking at wholesale promotions within the bureaucracy and a new revised wage board that has to be implemented for State officials. However, one has to take into account at what cost will revenue be increased. Going by what has been published in the press, everything from electricity to apparels will be more expensive – products and services will boast at least a 15 percent increase in selling price.

April 28, 2016
April 28, 2016

15% uniform VAT from next fiscal: Muhith

Despite opposition from businesses, Finance Minister AMA Muhith says a uniform 15 percent VAT will be applicable from next fiscal year.

September 8, 2015
September 8, 2015

HC questions VAT on private university tuition fee

The High Court questions legality of imposing 7.5 percent value-added tax (VAT) on tuition fees of private universities.