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National VAT week begins

National VAT week begins

National VAT Week begins in the country on Monday (Dec 10). The National Board of Revenue (NBR) Chairman M Mosharraf Hossain Bhuiyan inaugurated the National VAT Day and VAT Week through releasing balloons and pigeons at a function held on the premises of the NBR in city’s Segunbagicha area, local media reports said.

Film Actors Ferdous Ahmed, Afzal Hossain, NBR member Ziauddin Mahmud, Kanan Kumar Roy, Jamal Hossain and other high officials of tax administration were present on the occasion.

Speaking at the inaugural function, the NBR chairman said that VAT is a notable part of realizing revenue of the government as this accounts for around 37-38 percent of the country’s overall revenue collection.

The NBR will observe the VAT Week across the country from Dec 10-15 through observing various programmes.