Grocery shops, beauty salons among 16 sectors eyed for fixed VAT
Dhaka, June 24 -- 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.
The question-and-answer session was tabled during a parliamentary sitting presided over by Speaker Hafiz Uddin Ahmad.
Replying to Sultana's inquiry on whether the state intends to bring new establishments or sources under the consumer tax network, the minister confirmed the expansion plans.
According to him, the 16 sectors earmarked for specific VAT...
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