Realtors for VAT rate at 1.5pc

Dhaka,  Tue,  22 August 2017
Published : 13 May 2017, 15:48:02 | Updated : 13 May 2017, 15:54:43
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Reduce VAT rate at 1.5 per cent: Realtors to govt

Realtors for VAT rate at 1.5pc
FE Report
The country's real estate businesspeople on Saturday urged the government to reduce the VAT rate at 1.5 per cent and not to impose any new kind of tax on the real estate sector in the next budget.

Apartment registration fee should be cut down to 7.0 per cent from existing 14 per cent, they also told a press conference in capital Dhaka.

Real Estate and Housing Association of Bangladesh (REHAB) organised the event at the auditorium of Centre on Integrated Rural Development for Asia and the Pacific (CIRDAP).

REHAB acting president Liakat Ali Bhuiyan, directors Zohir Ahmed, engineer Md. Mohiuddin Sikder and Kamal Mahmud, among others, attended the event. 

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