The government plans to bring 16 business categories under a fixed VAT system in FY27, the finance minister tells parliament
June 24, 2026
Senior Correspondent
bdnews24.com
The government plans to bring 16 retail business sectors, including grocery stores, beauty parlours, and restaurants, under a specific value-added tax (VAT) framework from the 2026-27 fiscal year.
Finance Minister Amir Khosru Mahmud Chowdhury informed parliament of the plan on Wednesday in response to a query from Salina Sultana, a lawmaker from a reserved seat for women.
More indirect taxation will impoverish already poor citizens deepen economic weakness.
The budget proposes to reduce the source tax rate on 60 daily essentials, basic agricultural products and consumer goods
Salahuddin also proposes a 25 percent discount on metro rail fares for senior citizens
From tobacco to appliances and imports, revised taxes and tariffs are expected to ripple through consumer markets
The government is taking initiatives to gradually reduce taxes at a reasonable rate for ICT development, Khosru says
The budget proposes collecting Tk 2 in advance tax on every Tk 1,000 worth of goods supplied to retailers, as part of a broader…
