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April 26, 2025, 10:54 am

Ordinances issued increasing VAT, duties on over 100 items

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  • Update Time : Friday, January 10, 2025
  • 69 Time View

The interim government on Thursday issued two ordinances increasing Value Added Tax and imposing supplementary duties on more than 100 items.

The items include cell phone, internet, cigarette, biscuits, tissue paper, imported fruits, restaurant bills, sauces, spectacles and electric poles.

 

On January 1, an advisory council meeting approved National Board of Revenue proposals to bring about change in fiscal measures in the middle of the financial year to generate more revenue to meet the fiscal deficit.

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