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 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.

September 18, 2015
September 18, 2015

V-Day

Health conscious university kids immediately go on VLCC's VAT-reducing diet. Traffic jam turns into VATtic jam as playing with traffic is the only available bargaining chip.

September 17, 2015
September 17, 2015

HC stops VAT on English medium students for 6 months

The High Court stays for six months a government decision that imposed 7.5 percent VAT on tuition fees of English medium students.

September 14, 2015
September 14, 2015

VAT protesters, Titumir BCL scuffle at Kakoli

About 29 people are injured after anti-VAT demonstrators and Titumir College Chhatra League activists scuffle at Kakoli today.

September 13, 2015
September 13, 2015

VAT protest: Dhaka comes to a standstill (video)

Students pursue mass protests in Dhaka and put road blockades along key points in the capital, severely disrupting traffic in strike against 7.5 percent VAT on private university tuition fees. They...