110 cos pay over 52pc of total VAT

Staff Correspondent

5 July, 2021 12:00 AM printer

Large Taxpayer Unit (LTU) of value added tax (VAT) witnessed 16.20 percent growth, while overall the government’s VAT collections was 10.17 percent to Tk 930 billion in the just concluded fiscal year amid Covid-19 pandemic. 

A total of 110 companies have contributed over 52 percent of total receipts, according to the provisional estimate by the National Board of Revenue.

Some specific sectors — tobacco, mobile phone, cement, bank and pharmaceuticals — led the top taxpayers’ list.