DHAKA: National Board of Revenue (NBR) Chairman Mosharraf Hossain Bhuiyan said VAT law will be effective from the day of announcement of the national budget. 

He was addressing a pre-budget discussion with the Economic Reporters' Forum (ERF) at the NBR office on Thursday (May 2).

“The stock market investors will continue to enjoy the existing tax benefit in the upcoming 2019-20 fiscal year,” the NBR chairman said. 

He also said, “Our goal is to increase investment in the country so that traders get the benefit of doing business. At the same time, we also need to look at the exports as well as imports”.

“We have taken all the proposals sincerely. All will be included in the next budget through discussion”.

The upcoming national budget may be placed in the parliament on June 13 this year.

BDST: 1428 HRS, May 2, 2019 
RS/SMS