Nagad 3rd highest VAT payer in FY22

According to a recent press release by the National Board of Revenue, Nagad – the mobile financial service provider of Bangladesh Postal Department – has been declared as the third highest VAT-paying company for fiscal year 2021-2022 in the service category.

Tanvir A Mishuk, founder and managing director of Nagad, believes that “[t]he more customers use digital services, the easier their lives will be,” and that “the benefits of Digital Bangladesh will reach every home.” Furthermore, he states that “[t]he government’s revenue generation will also get a boost.”

The NBR will be honoring the top nine VAT-paying companies in the country at the national level in three categories: production, service, and business.

Finance Minister AHM Mustafa Kamal will be the chief guest at a ceremony organised by the NBR tomorrow, marking the VAT Week (December 10-15), where he will be handing over the “Highest VAT Payers Award” to the digital financial service provider of Bangladesh Postal Department.