Muhith may bring respite in VAT law
Published : 10 May 2017, 15:48
In face of much opposition and protests from businessmen, Finance Minister AMA Muhith has hinted of bringing relief for traders in the new VAT law.
“I’m thinking about giving some relief… some amendments may come,” the minister told reporters in response to a query at a programme in Dhaka today.
The government is planning to implement the new VAT law from the next fiscal year. Concerns are, the uniform 15 percent VAT would increase the already high cost of living.
Businessmen have already had a heated debate with Minister Muhith against it, threatening to take it to the streets. Muhith, at that time, replied that such protests will be quashed.
Today, while inaugurating a mobile VAT Online Help Desk at National Board of Revenue (NBR) office in Segunbagicha, Muhith said he is still considering a change. However, he was not specific.
Regarding the help desk, it is a minibus that will roam markets and carry out online VAT registration for businessmen. Seven such vans will be launched in Dhaka and two in Chittagong.
- Most viewed
- Fettuccine Paneer Alfredo
- PM expects Bangladesh to produce swimming talents
- Moulvibazar school students, guardians protest 'sexual harassment' by headmaster
- Banani rape: Nayem Ashraf confessing at court
- Crying toddler found drinking milk from dead mother (Heartbreaking video)
- Kidman wants more films by women
- Theresa May to press Trump over bomb photo leaks
- 50 RMG employee fall sick for hot weather
- PM greets Tigers on their victory against Kiwis
- Banani hotel rape charge 'credible', police say
- Swatch of No-ground: A treasure trove of marine lives
- 'Unplanned Tourism Effects Biodiversity of Cox’s Bazar'
- Banani rape: Cops allowed for forensic test on mobiles of Shafat, Sakif
- Cannes 2017: Aishwarya unleashes glamour in red gown
- Blackberry working on anti-hack tool
- Death toll in Manchester blast rises to 22
- 19 killed in terror blast at UK pop concert
- PM accorded warm reception in Saudi Arabia