Govt must straighten out the kinks to ensure smooth transition
Existing tax system has become a major hurdle to Bangladesh’s fiscal progress
Why are 80 percent of jewellers operating outside the net?
NBR's existing software cannot perform advanced tasks of identifying undeclared incomes or tax frauds.
The recent VAT hike on clothing in Bangladesh strains businesses, consumers, and designers, especially with Eid approaching. Alternative measures like taxing luxury items or offering subsidies could have balanced revenue generation and economic sustainability more effectively.
VAT hikes burden the poor; improving tax compliance offers a fairer solution.
Tax and VAT hikes now will only increase economic woes.
Govt must straighten out the kinks to ensure smooth transition
Existing tax system has become a major hurdle to Bangladesh’s fiscal progress
Why are 80 percent of jewellers operating outside the net?
NBR's existing software cannot perform advanced tasks of identifying undeclared incomes or tax frauds.
The recent VAT hike on clothing in Bangladesh strains businesses, consumers, and designers, especially with Eid approaching. Alternative measures like taxing luxury items or offering subsidies could have balanced revenue generation and economic sustainability more effectively.
VAT hikes burden the poor; improving tax compliance offers a fairer solution.
Tax and VAT hikes now will only increase economic woes.
