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...