The International Monetary Fund (IMF) has recommended the implementation of an excise duty on fuel sales. Furthermore, the global lender has raised concerns regarding why existing tax exemptions in the fuel sector have not been removed immediately. Meanwhile, experts have cautioned against the timing of such a proposal.
IMF suggests excise duty on fuel sales amid expert caution
The International Monetary Fund (IMF) has proposed imposing an excise duty on fuel sales, while questioning the delay in removing existing tax exemptions.
Source: TBS Bangladesh