VAT

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...

June 21, 2017
June 21, 2017

New Vat Plan: Govt may back off for now

The government may backtrack on its plan to implement the new VAT law from July this year, in the face of pressure from a section of

June 4, 2016
June 4, 2016

Meeting the revenue target

The government's focus on mega projects, skills development and job creation are commendable.

June 3, 2016
June 3, 2016

VAT to push up cost of living

The government has backtracked from its decision to roll out the new VAT law from July due to resistance from businesses and a section of revenue officials and inadequate preparation from the...

June 2, 2016
June 2, 2016

Electronic cash register outside district towns to be mandatory

To ensure deposition of VAT by traders outside district towns, the government has planned to make it mandatory for trading units outside the district towns to use Electronic Cash Register (ECR) and...

June 2, 2016
June 2, 2016

Package VAT doubled for small traders

In face of protests from businessmen, the government has decided not to implement a flat VAT rate for small traders and instead almost doubled the package VAT.

June 2, 2016
June 2, 2016

Govt backtracks on new VAT law

The government has backtracked on its move to implement the new VAT law from the start of the new fiscal year in the face of resistance from businesses, a section of revenue officials and...

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...

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.

April 26, 2016
April 26, 2016

Mobile operators for lifting VAT on internet use

In a pre-budget discussion, mobile operators urges the government to remove value added tax (VAT) on internet use in the upcoming fiscal plan for 2016-17.

October 14, 2015
October 14, 2015

7.5% VAT on English medium school tuition remains

The Supreme Court stays a High Court order that halted the 7.5 percent value added tax (VAT) on the English medium schools’ tuition fees.