Shop owners against withdrawal of Package VAT
Dhaka, June 16 (UNB) - Bangladesh Dokan Malik Samity, an association of shop owners, on Saturday protested the proposal in the new budget to withdraw ‘Package VAT’ system.
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Leaders of the Samity claimed that the proposal to implement 4 percent VAT on sale instead of Package VAT will hamper the government’s move to increase its revenue collection.
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They were addressing a press conference at the National Press Club in the capital.
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Chairman of the Samity Amir Hossain Khan said Finance Minister AMA Muhith placed the proposal according to a prescription of the International Monetary Fund (IMF).
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Leaders of the Samity claimed that the proposal to implement 4 percent VAT on sale instead of Package VAT will hamper the government’s move to increase its revenue collection.
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They were addressing a press conference at the National Press Club in the capital.
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Chairman of the Samity Amir Hossain Khan said Finance Minister AMA Muhith placed the proposal according to a prescription of the International Monetary Fund (IMF).
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