Monday 10 August 2020 ,
Monday 10 August 2020 ,
Latest News
7 March, 2019 00:00 00 AM
Print

Tk 161cr VAT, income tax exemption for Ashrayan Project

BSS, Dhaka

The National Board of Revenue (NBR) has given Tk 161 crore VAT and income tax exemption for the procured products

and commodities under the Ashrayan-3 Project.

Sources at the NBR said that the exemption on VAT and income tax has been given on the procured products and items under this project considering public interest. A circular to this end will be issued shortly.

The Ashrayan-3 project has started from December 2017 under the supervision of Bangladesh Navy with an estimated cost of Tk 2,312 crore to ensure accommodation for some 1,03,200 forcibly displaced

Rohingyas at Bhashanchar. The project will end in 2019.

Under the project, work for construction of dams, barrack house, Ashrayan station and other infrastructural works are going on to ensure their accommodation. Once the Rohingyas are repatriated to Myanmar, landless and hapless people will be rehabilitated there permanently.

Earlier, VAT and income tax exemption was also provided on the procured products under the Ashrayan-1 and Ashrayan-2 projects, which aimed to ensure accommodation to the homeless families as part of the special initiative of Prime Minister Sheikh Hasina.

 

Comments


Copyright © All right reserved.

Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Disclaimer & Privacy Policy
....................................................
About Us
....................................................
Contact Us
....................................................
Advertisement
....................................................
Subscription

Powered by : Frog Hosting