VAT

অর্থমন্ত্রীর প্রস্তাবিত বাজেটে দেশের মুদ্রণ, প্রকাশনা ও প্যাকেজিং শিল্পের কাঁচামাল আমদানির ওপর ২৫ শতাংশ থেকে কমিয়ে ৫ শতাংশ শুল্ক আরোপের দাবি জানিয়েছে এ খাতের ৬ ব্যবসায়ী সংগঠন। গতকাল শনিবার রাজধানীর পল্টন টাওয়ারে ইকোনমিক রিপোর্টার্স ফোরাম (ইআরএফ) কার্যালয়ে আয়োজিত যৌথ সংবাদ সম্মেলনে এ দাবি...

The National Board of Revenue has decided to provide manual business identification number (BIN) to global technology giants, including Google, Facebook and Youtube, as its online system is yet to be ready to issue e-BIN to foreign entities without any office in Bangladesh. The decision came after...

Bangladesh expects a bigger inflow of foreign direct investment in the days to come as different nations plan to relocate their factories to countries like Bangladesh to bring down cost amid a cash crunch caused by the pandemic, said Commerce Minister Tipu Munshi yesterday. In 2019, the...

State Minister for Industries Kamal Ahmed Majumder today said that steps would be taken to keep same the value added tax (VAT) system at the import and production levels of the products of light engineering industries. Like the readymade garment (RMG) sector, providing all kinds of necessary...

Facebook is likely to appoint a VAT agent to ensure payment of value-added tax from their advertisement earnings from Bangladesh market. “We have talked to the government. The company will abide by all the existing laws of the country, Faceboo’s Public Policy Director in India and South...

The tax collector has moved to remove the complexities over issuing the VAT registration after it found 80 per cent of the businesses have not updated their identification yet. Some 20,000 businesses have updated their Business Identification Number (BIN) since July according to guideline under the new...

Much has been said about the modernisation and automation of the value-added tax system in Bangladesh over the last decade. Yet, the automation of the VAT administration is halfway, although the project's tenure is supposed to come to its end this year. Businesses say they can get...

Platforms of internet giant like Facebook, Google and You Tube are being brought under VAT law with effect from July 1. To impose tax on advertisement given in these platforms the government has taken the initiatives. Concerned said, as a result such types...

China said yesterday it will impose retaliatory tariffs against about $75bn worth of US goods, putting as much as an extra 10% on top of existing rates in the dispute between the world’s top two economies. The latest salvo from China comes after the United States unveiled...

The country's apex trade body -- Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) -- today demanded an investigation into the "failure in widening the tax net by the NBR, although several hundred crore of taka was spent as consultancy fee for introducing the multiple VAT...