Saturday 21st of June 2025
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Headlines : * Iran Clarifies Nuclear `Red Lines`   * Hasan Mahmud become the Community Director of GivingTuesday Movement   * Rohingya crisis posing new security risks, Touhid says in UN   * Asif Mahmud inaugurates 44 under-construction public libraries   * Govt appoints Asad Alam Siam as new foreign secretary   * Govt decides to declare Aug 5 a public holiday   * Iran yet to use its new generation missiles   * All parties agree on need to change presidential polls process: Ali Riaz   * ‘Disappeared victims branded as militants, later shown arrested’   * No development project should harm nature: Chief Adviser  

   Business
NBR decides to keep previous VAT rate on restaurants
  Date : 21-06-2025

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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