{"id":5715,"date":"2015-08-14T11:06:25","date_gmt":"2015-08-14T10:06:25","guid":{"rendered":"http:\/\/english.thesunrisetoday.com\/?p=5715"},"modified":"2015-08-14T11:06:25","modified_gmt":"2015-08-14T10:06:25","slug":"vat-will-not-be-reduced-finance-minister","status":"publish","type":"post","link":"https:\/\/english.thesunrisetoday.com\/index.php\/vat-will-not-be-reduced-finance-minister\/","title":{"rendered":"VAT will not be reduced : Finance Minister"},"content":{"rendered":"<p style=\"text-align: justify;\"><a href=\"http:\/\/english.thesunrisetoday.com\/wp-content\/uploads\/2015\/08\/AMA-Muhit.jpg\"><img loading=\"lazy\" class=\"alignleft size-full wp-image-5592\" src=\"http:\/\/english.thesunrisetoday.com\/wp-content\/uploads\/2015\/08\/AMA-Muhit.jpg\" alt=\"AMA Muhit\" width=\"266\" height=\"189\" \/><\/a>Finance Minister AMA Muhith has clearly stated that, the VAT imposed on private universities will not be decreased, regardless how much the decision is protested.<br \/>\n\u201cVAT will not be reduced\u201d, Muhith said on Friday at a program in Sylhet\u2019s Bagbari area.<br \/>\nThe National Board of Revenue on July 4, imposed a 7.5% VAT on the fees of private universities and medical colleges.<br \/>\nThe students have threatened to discontinue their studies if the VAT decision was not revoked.<br \/>\nA rule has been issued on Sunday by the High Court asking why the decision to impose a 7.5% VAT on the tuition fees of private universities, and medical and engineering colleges should not be declared illegal.<br \/>\nThe secretaries of finance and education, chairmen of the University Grants Commission and the National Board of Revenue (NBR) have been asked to explain within three weeks.<br \/>\nThe bench of Justice Sheikh Hassan Arif and Justice J.N.Deb Choudhury issued the rule after hearing a plea filed by a teacher and two students of Daffodil University.<br \/>\nMuhith said that he does not support the students\u2019 protests. \u201cThey can pay 30,000-50,000 BDT for tuition fees, but can\u2019t pay 7.5% VAT?\u201d he added.<br \/>\nOn Thursday, during a meeting of UGC, the private university trustee board\u2019s chairman requested the Education Minister to discard the VAT.<br \/>\nNurul Islam Nahid said that he will discuss the matter with Prime Minister Sheikh Hasina.<br \/>\nRegarding the situation in the country, Muhith said that Bangladesh currently has a peaceful environment, except for a few murder cases.<br \/>\nMuhith on Friday, attended a food distribution program organized to commemorate Bangabandhu\u2019s 40th death anniversary.<\/p>\n<div id=\"fb-root\"><\/div>\r\n<script>(function(d, s, id) {\r\n  var js, fjs = d.getElementsByTagName(s)[0];\r\n  if (d.getElementById(id)) return;\r\n  js = d.createElement(s); js.id = id;\r\n  js.src = \"\/\/connect.facebook.net\/en_GB\/all.js#xfbml=1\";\r\n  fjs.parentNode.insertBefore(js, fjs);\r\n}(document, \"script\", \"facebook-jssdk\"));<\/script>\r\n <fb:comments href=\"https:\/\/english.thesunrisetoday.com\/index.php\/vat-will-not-be-reduced-finance-minister\/\" font=\"arial\" num_posts=\"\" width=\"\" height=\"\" colorscheme=\"light\"  style=\"background:#FFFFFF;padding-top:0px;\r\npadding-right:0px;\r\npadding-bottom:0px;\r\npadding-left:0px;\r\nmargin-top:0px;\r\nmargin-right:0px;\r\nmargin-bottom:0px;\r\nmargin-left:0px;\r\n\"><\/fb:comments>","protected":false},"excerpt":{"rendered":"<p>Finance Minister AMA Muhith has clearly stated that, the VAT imposed on private universities will not be decreased, regardless how much the decision is protested. \u201cVAT will not be reduced\u201d, Muhith said on Friday at a program in Sylhet\u2019s Bagbari area. The National Board of Revenue on July 4, imposed a 7.5% VAT on the &hellip;<\/p>\n","protected":false},"author":1,"featured_media":5592,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[22],"tags":[],"wps_subtitle":"","_links":{"self":[{"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/posts\/5715"}],"collection":[{"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/comments?post=5715"}],"version-history":[{"count":1,"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/posts\/5715\/revisions"}],"predecessor-version":[{"id":5716,"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/posts\/5715\/revisions\/5716"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/media\/5592"}],"wp:attachment":[{"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/media?parent=5715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/categories?post=5715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.thesunrisetoday.com\/index.php\/wp-json\/wp\/v2\/tags?post=5715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}