National Board of Revenue (NBR) Chairman Abu Hena Rahmatul Muneem yesterday said they provide duty benefits to industries after careful consideration as a section of dishonest businesses abuse such privileges, causing tax losses for the state.
NBR: Bad actors abuse duty benefits dhakatribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dhakatribune.com Daily Mail and Mail on Sunday newspapers.
Passenger car sales in Bangladesh fell to a 10-year low last year as prices increased due to appreciation of the US dollar against the local currency and prevailing economic vulnerability across the nation, according to industry people and market data.
Both imports and sales of reconditioned cars declined due to price increases stemming from the increase in the price of US dollars and the prevailing macroeconomic vulnerability, according to market insiders and market data.
People in Bangladesh are opting for cars that are higher, bigger and run stable on the roughest of roads, driving up the demand for sport utility vehicles (SUVs). Growing ten times in a decade, sales of sport utility vehicles (SUV) and their follower segment crossovers crossed 10,000 units for the first time in 2022, up by one-fourth in a year, according to the vehicle