VAT law

New Vat Law: FBCCI, NBR at loggerheads

The NBR and the FBCCI are at loggerheads over the new VAT law, reminiscent of past pushbacks from the business community that have delayed its implementation by four years already.

VAT law execution inability to have serious consequences: CPD

Centre for Policy Dialogue (CPD) says the inability to implement the new VAT and Supplementary Duty Act will have serious consequences in the current fiscal framework, particularly in the revenue mobilisation.

Businesses hail VAT law holdup

The business community yesterday thanked the government for deferring the implementation of the uniform 15

New VAT law put on hold

The government has shelved the uniform 15 percent VAT plan for two years in the wake of public outcry and reported pressure from businesses and lobby groups. This means the multiple rates of the indirect tax under the 1991 VAT law will continue until fiscal year 2018-19.

New VAT law won’t be effective for next 2yrs

Government will not implement new VAT law, which envisages a uniform 15 percent VAT, for the next two years.

Proposed VAT, Tax Measures: Major changes likely

Unlike previous budgets, which were passed by parliaments with minor changes, this year's proposed budget could have major

News Analysis: Muhith now scapegoat

On Monday, some ruling Awami League lawmakers raised a hue and cry in parliament.

Owners shut shops to press for package VAT

Shop owners shut their enterprises for an hour in parts of the country including capital Dhaka pressing for keeping the provision of package VAT.

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.

May 12, 2019
May 12, 2019

New Vat Law: FBCCI, NBR at loggerheads

The NBR and the FBCCI are at loggerheads over the new VAT law, reminiscent of past pushbacks from the business community that have delayed its implementation by four years already.

July 10, 2017
July 10, 2017

VAT law execution inability to have serious consequences: CPD

Centre for Policy Dialogue (CPD) says the inability to implement the new VAT and Supplementary Duty Act will have serious consequences in the current fiscal framework, particularly in the revenue mobilisation.

July 2, 2017
July 2, 2017

Businesses hail VAT law holdup

The business community yesterday thanked the government for deferring the implementation of the uniform 15

June 29, 2017
June 29, 2017

New VAT law put on hold

The government has shelved the uniform 15 percent VAT plan for two years in the wake of public outcry and reported pressure from businesses and lobby groups. This means the multiple rates of the indirect tax under the 1991 VAT law will continue until fiscal year 2018-19.

June 28, 2017
June 28, 2017

New VAT law won’t be effective for next 2yrs

Government will not implement new VAT law, which envisages a uniform 15 percent VAT, for the next two years.

June 25, 2017
June 25, 2017

Proposed VAT, Tax Measures: Major changes likely

Unlike previous budgets, which were passed by parliaments with minor changes, this year's proposed budget could have major

June 22, 2017
June 22, 2017

News Analysis: Muhith now scapegoat

On Monday, some ruling Awami League lawmakers raised a hue and cry in parliament.

May 30, 2016
May 30, 2016

Owners shut shops to press for package VAT

Shop owners shut their enterprises for an hour in parts of the country including capital Dhaka pressing for keeping the provision of package VAT.

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.