Monday 7th of July 2025
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Headlines : * Biman’s Dhaka-Narita flight suspension draws flak   * Search continues after Pakistan building collapse kills 14   * At least 13 killed, 20 children missing in Texas floods   * DGHS reduces COVID test fees   * No Bangladesh-China-Pakistan alliance forming: Touhid   * Holy Ashura to be observed on July 6   * 36-member national committee formed to celebrate Mass Uprising Days   * CA urges Meta to tackle disinformation more effectively   * CA calls for collective action to protect St Martin’s island   * Bangladesh’s forex reserves cross $27bn  

   Business
NBR decides to keep previous VAT rate on restaurants
  Date : 07-07-2025

Online Report : The National Board of Revenue (NBR) has decided to keep the value-added tax (VAT) rate on restaurants at 5 per cent, which was the previous rate.

The NBR will issue an order in this regard on Thursday (January 16).

The NBR on Wednesday conveyed this decision to the Bangladesh Restaurant Owners Association in a letter, signed by Mashiur Rahman, the first secretary of NBR’s Value Added Tax division.

Earlier, the association had sent a letter to the NBR requesting a reduction in VAT.

Meanwhile, VAT rates on pharmaceuticals and Internet Service Provider (ISP) businesses may be reduced, top NBR sources informed.

  
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