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When was Value Added Tax (VAT) introduced in Bangladesh ?

When was Value Added Tax (VAT) introduced in Bangladesh ? Correct Answer 1991

Value Added Tax (VAT) বা মূল্য সংযোজন কর বাংলাদেশে প্রথম চালু হয়েছিল ১ জুলাই ১৯৯১। এটি একটি পরোক্ষ কর, যা বাংলাদেশ সরকারের আয়ের সবচেয়ে বড় উৎস। বাংলাদেশে এ কর আদায়ের দায়িত্ব পালন করে জাতীয় রাজস্ব বোর্ড।

Related Questions

Which of the following components are true about tax planning?
1. Tax planning is the process of analyzing a financial plan or a situation from a tax perspective.
2. The objective of tax planning is to make sure there is tax efficiency. With the help of tax planning, one can ensure that all elements of a financial plan can function together with maximum tax-efficiency.
3. Reducing tax liability and increasing the ability to make contributions towards retirement plans are critical for success.
4. Tax planning comprises various considerations such as size, the timing of income, timing of purchases, and planning are concerned with other kinds of expenditures.
5. The chosen investments and the various retirement plans should go hand-in-hand with the tax filing status as well as the deductions in order to create the best possible outcome.
In the following question, the 1st and the last part of the sentence/ passage are numbered 1 and 6. The rest of the sentence/passage is split into four parts and named P, Q, R and S. These four parts are not given in their proper order. Read the sentence/passage and find out which of the four combinations is correct. 1. The Goods and Services Tax (GST) is imposed on the supply of products and/or services within the country. P. This can be achieved by charging uniform tax rates and eliminating economic barriers. Q. The objective of GST is to drive India towards becoming an integrated economy. R. These include Service Tax, Purchase Tax, Central Excise Duty, Value Added Tax, Entry Tax, Luxury Tax, Local Body Taxes, etc. S. It subsumes multiple indirect taxes that are imposed by the State Governments or the Central Government 6. Thus, it will make the country a common national market
The mixing vat in a factory receives liquid ingredients through six separate value--- labeled R.S.T.U,Y and Z -- each of which has exactly two settings: open and closed.The mixing vat operator must ensure that each valve is set open or closed according to the following conditions: If T is open, both S and Z must be closed, R and Z cannot both be closed at the same time; If Y is closed, Z must also be closed;S and U cannot both be open at the same time. Which of the following, if given to the mixing vat operator as an instruction, would not determine the setting of any other valve ?
In which year did the Government of India introduce value-added tax (VAT) as an indirect tax in the Indian taxation system to replace the existing general sales tax?
The sumof the pre-tax costs of items A ans item B is Tk. 300. In dhaka, each item would be charged a flat 7% tax. In Rangpur item A is subject to 5% tax and item b is subject to 10% tax. If the tax in Rangpur on the purchase of both items is exactly Tk 3 more than it is in Dhaka, than what is the pre - tax price of item A?
The following sentences form a paragraph. They are numbered a P, Q, R and S. These four parts are not given in their proper order. Read the sentences and choose the alternative that arranges them in a correct order. P. Also, the customers will have funds to spend because of lower tax rates.  Q. The Goods and Services Tax (GST) is an indirect tax which entails that the tax is approved till the last stage where it is the purchaser of the goods and services who bears the tax. R. It will substitute most other indirect taxes and synchronize the differential tax rates on mass-produced goods and services. S. The government of India claims that GST will enhance Indian GDP by 2%.
In the following question, sentences of a paragraph have been jumbled and labeled as A, B, C, and D. You are required to rearrange the jumbled sentences in the right order to form a meaningful and coherent paragraph and mark your response accordingly by selecting the correct option. A. The sellers usually add the tax expense into their costs, and the price the customers pay is inclusive of GST. B. The concept of GST is that it is an “Indirect Tax”, ie, this tax is not directly paid by customers to the government, but is rather levied on the manufacturer or seller goods and the providers of services. C. GST, or Goods and Services Tax, is a tax that customers have to bear when they buy any goods or services, such as food, clothes, electronics, items of daily needs, transportation, travel, etc. D. Thus, in most cases, you end up paying a tax even if you are not an income taxpayer.
Value-added tax (VAT) in Bangladesh was introduced on
From which date was Value Added Tax (VAT) introduced in Bangladesh?
Value Added Tax (VAT) in Bangladesh was introduced on-