Wednesday 29th of October 2025
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Headlines : * High-level meeting on election preparations held at Jamuna   * HC issues rule to pay Tk 2cr to family of metro rail accident victim   * Cyclone Montha weakens after crossing Andhra Pradesh coast   * Overnight Israeli strikes in Gaza kill at least 60, including children   * Active Role of Youth Essential for the Victory of ‘Dhaner Sheesh’ : Rita   * Daffodil, City Univ students clash; vehicles torched, offices looted   * Metro rail resumes full operations after Farmgate accident   * US Navy helicopter, jet crash into South China Sea   * No situation yet to be worried about polls: EC secretary   * Tarique urges youth to embrace modern education in AI era  

   Business
NBR decides to keep previous VAT rate on restaurants
  Date : 16-01-2025

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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