VAT News
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Indonesia announces economic policy package to ease VAT hike impactIndonesia on Monday (Dec 16) announced economic measures to soften the blow of an increase in the value-added tax (VAT)...
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Facebook gets VAT registrationSocial media giant Facebook yesterday received the value-added tax registration from the National Board of Revenue after 2 yrs of...
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Withdraw VAT, import duty over manmade fibre: BTMATextile millers yesterday demanded the withdrawal of value-added tax (VAT) and import duty about all types of manmade fibre for...
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904, out of 1 1,024 shops, in eight markets don't pay VATAs many as 904, out of 1 1,024 retailers at eight market segments in Dhaka, Narayanganj and Savar usually do...
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Administrator appointed to Delta Existence InsuranceThe Insurance Expansion & Regulatory Authority (IDRA) yesterday appointed an administrator with immediate effect to one of the sector's top...
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Women entrepreneurs want digital skills: expertsWomen entrepreneurs ought to be skilled in digitalisation to be able to avail the benefits of modern technology in order...
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Raid at Lakeshore Resort on VAT evasion chargesVAT intelligence of the National Board of Revenue about Tuesday raided Lakeshore Hotel, an upscale hotel at Gulshan in Dhaka,...
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Locally made LPG cylinders get yourself a cut in VATThe earnings authority has reduced value added tax (VAT) on locally made cylinders for storing liquefied petroleum gas (LPG) as...
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NBR walks rear on order seeking information to sniff out VAT evasionThe VAT Cleverness yesterday withdrew its directive that had asked banks to supply information on discrepancies in turnover figures displayed...
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The elusive quest for VAT automationMuch has been said about the modernisation and automation of the value-added tax system in Bangladesh over the last decade....
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NBR eyeing VAT from streaming platformsNetflix and Amazon Primary have become household names found in Bangladesh as the ongoing coronavirus pandemic comes with forced persons...
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PPEs and surgical masks now VAT-freeThe National Board of Revenue (NBR) yesterday exempted value-added tax on domestic manufacturing on personal protective equipment (PPE) and surgical...
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Social media giants will get VAT registration soonThe National Board of Revenue plans to permit global social media giants to secure direct VAT registration without opening local...
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NBR once again extends deadline for VAT software useThe National Board of Revenue has extended the deadline for the third time for use of software for record-keeping by...
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Edible oil prices hauled up by VATThe imposition of value-added tax (VAT) and advance tax (AT) in the value chain of edible oil are contributing to...
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Waivers eat up 10pc of tax income: KamalThe tax income would be 10 percent higher if the government includes the tax exemptions and waivers that it extends...
