Value -added tax deduction at source or VDS is an important component of any VAT management system. The mechanism has a big role to play in the success of a VAT regime. Huge amount of revenue can be ...
Local refiners of unusable lubricants have sought waiver of VAT deduction at source (VDS) on purchase of burnt oil (raw material) to help survival of the re-fining lubricant units. Bangladesh ...
Hongkong and Shanghai Banking Corporation (HSBC) Bangladesh, in association with the National Board of Revenue and the Bangladesh Bank, recently rolled out an online statutory payment processing ...
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