Economic Reporter :
The National Board of Revenue (NBR) has given Taka 161 crore VAT and income tax exemption for the procured products and commodities under the Ashrayan-3 Project.
Sources at the NBR said that the exemption on VAT and income tax has been given on the procured products and items under this project considering public interest. A circular to this end will be issued shortly.
The Ashrayan-3 project has started from December 2017 under the supervision of Bangladesh Navy with an estimated cost of Taka 2,312 crore to ensure accommodation for some 1,03,200 forcibly displaced Rohingyas at Bhashanchar. The project will end in 2019.
Under the project, work for construction of dams, barrack house, Ashrayan station and other infrastructural works are going on to ensure their accommodation. Once the Rohingyas are repatriated to Myanmar, landless and hapless people will be rehabilitated there permanently.
Earlier, VAT and income tax exemption was also provided on the procured products under the Ashrayan-1 and Ashrayan-2 projects, which aimed to ensure accommodation to the homeless families as part of the special initiative of Prime Minister Sheikh Hasina.
Under these two projects, some 2.83 lakh homeless families were rehabilitated where each family has been provided with one house side by side some 21,745 families were given loans of Taka 32.52 crore.
The National Board of Revenue (NBR) has given Taka 161 crore VAT and income tax exemption for the procured products and commodities under the Ashrayan-3 Project.
Sources at the NBR said that the exemption on VAT and income tax has been given on the procured products and items under this project considering public interest. A circular to this end will be issued shortly.
The Ashrayan-3 project has started from December 2017 under the supervision of Bangladesh Navy with an estimated cost of Taka 2,312 crore to ensure accommodation for some 1,03,200 forcibly displaced Rohingyas at Bhashanchar. The project will end in 2019.
Under the project, work for construction of dams, barrack house, Ashrayan station and other infrastructural works are going on to ensure their accommodation. Once the Rohingyas are repatriated to Myanmar, landless and hapless people will be rehabilitated there permanently.
Earlier, VAT and income tax exemption was also provided on the procured products under the Ashrayan-1 and Ashrayan-2 projects, which aimed to ensure accommodation to the homeless families as part of the special initiative of Prime Minister Sheikh Hasina.
Under these two projects, some 2.83 lakh homeless families were rehabilitated where each family has been provided with one house side by side some 21,745 families were given loans of Taka 32.52 crore.
