Information Minister Hasanul Haque Inu has urged the government to withdraw 15 percent VAT on the newspaper industry for the sake of continuing the development of the media.
He proposed to keep the bank deposits free of tax free up to Tk 5 lakh without prior permission for excise duty and also called for reconsideration of the savings rate of the savings certificate.The minister said this while taking part in the discussion on the proposed budget of the fiscal year 2017-18.The information minister said, Bangladesh under the leadership of Prime Minister Sheikh Hasina has achieved the capability to implement a great budget. Parliament has such a big budget recognizing the national competence.He said those who came to power after the assassination of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman, patronized militancy and communalism and took the country's economy back to the economy by pledging the economy to the World Bank, IMF. The four principles were sent to exile by crushing the country's constitution under the boot. Since 2009, there has been a change in the country under the leadership of Prime Minister Sheikh Hasina. After the crash, the country's politics and economy are restored. This day's budget is the continuation of change in the day.
