Govt freed edible oil from duty, tax, VAT until March 31
Govt freed edible oil from duty, tax, VAT until March 31

The government has exempted all edible oil, including canola and sunflower oil, from duty, tax, and VAT until March 31, 2025, aiming to increase the supply of such essential items in the market. To keep the market supply normal and the prices at a tolerable level during the holy month of...

'Steps taken to ensure adequate edible oil supply during Ramadan and there's no crisis of it'
'Steps taken to ensure adequate edible oil supply during Ramadan and there's no crisis of it'

Chief Advisers Press Secretary Shafiqul Alam on Sunday said the interim government has been taking required steps to keep adequate supply of edible oil during the forthcoming holy month of Ramadan, stressing that there is no crisis in the market right now. We dont think there is any crisis of...

VAT on edible oil reduced to 5% to stabilise prices
VAT on edible oil reduced to 5% to stabilise prices

The import-level value-added tax (VAT) on edible oil has been reduced from 10 percent to 5 percent to maintain a steady supply in the market. The National Board of Revenue (NBR) issued a notification in this regard on Tuesday. Earlier, the NBR had issued exemption notifications to boost the...

TCB starts selling commodities thru truck sale from Thursday
TCB starts selling commodities thru truck sale from Thursday

The state-run Trading Corporation of Bangladesh (TCB) will start selling commodities including rice at subsidized rates through truck sale from Thursday among the common consumers in Dhaka and Chattogram, reports BSS. Under such an initiative, essential items like edible oil, lentil alongside...