Bidi, cigarettes to be costlier Finance minister Abul Maal Abdul Muhith on Thursday proposed an increase of package value-added tax for all registered small shop owners. The package VAT will be increased depending on their business locations with an annual turnover below Tk 80 lakh for the fiscal year 2013-2014, he said.
value-added tax
Dhaka city corpns to impose tax on hotel boarders
Boarders at the hotels in the city corporation areas will have to pay up to 5 per cent additional tax along with the rent and the value-added tax. The government is going to introduce ‘city tax’ for boarders at the hotels in the city corporation areas, high officials of the Dhaka city corporations said.
Supermarket owners want withdrawal of VAT
Supermarket owners on Sunday demanded that the National Board of Revenue should withdraw the existing 4 per cent value-added tax on sales to help the sector grow and create level playing field with the other shops. At a pre-budget discussion with the NBR,