A new VAT law will take effect from 1 July

On Wednesday, after a meeting of the Parliamentary Standing Committee of the National Assembly building, media center, told a press conference. Committee members said at the time. Farhad Hossain were present.He said. Abdur Razzak said, "the government to increase tax revenue in 2012 of the VAT Act. Unfortunately, the law can not be executed until today. Two-year budget is really a part of the highlights of this Act, the Minister of Finance, will be effective from July 1. But that did not happen until today. The business representatives have been opposed to this law. I want to say to them, would give the new VAT Acts to VAT. However, some amendments will be brought before him. "