Business Desk :
Green Delta Insurance Company Limited (GDICL) has launched its online VAT return processing software on Saturday through virtually. As per National Board of Revenue’s circular issued in 2019, it was advised that all organizations with turnover above Tk. 5 crore should implement VAT software for automated return processing. Complying with NBR’s advisement and under IDRA’s supervision, Green Delta Insurance is the first to implement VAT software in the insurance industry, said a press release.
At the launching ceremony, Member of Insurance Development & Regulatory Authority – Md. Dalil Uddin was present as the Chief Guest while Sheikh Kabir Hossain (President, Bangladesh Insurance Association), Mafiz Uddin Ahmed (Additional Secretary, Financial Institution Division) and Wahida Rahman Chowdhury (Commissioner, LTU-VAT) were also present as special guests. In addition, MD & CEO of Green Delta Insurance Co. Ltd. – Farzanah Chowdhury, AMD & Company Secretary – Syed Moinuddin Ahmed and Financial Controller – Syed Aliul Ahbab, were also present at the launching program.
