An internship report on the impact of indirect tax (Value Added Tax) on the economic development of Bangladesh

This internship report is submitted in partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2023.

Detalhes bibliográficos
Autor principal: Das, Saumik
Outros Autores: Alam, Md. Kausar
Formato: Internship report
Idioma:English
Publicado em: Brac University 2024
Assuntos:
Acesso em linha:http://hdl.handle.net/10361/23014
id 10361-23014
record_format dspace
spelling 10361-230142024-05-30T21:01:32Z An internship report on the impact of indirect tax (Value Added Tax) on the economic development of Bangladesh Das, Saumik Alam, Md. Kausar Brac Business School, Brac University Indirect tax Value added tax Economic development Indirect taxation--Law and legislation Value-added tax--Law and legislation--Bangladesh This internship report is submitted in partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2023. Cataloged from PDF version of internship reports. Includes bibliographical references (page no. 59). The People's Republic of Bangladesh's government decided to switch out the antiquated general sales tax for a value-added tax during the 2010–2011 fiscal year. This decision was made in an effort to update the tax code. To update the tax system for the modern period, this was done. This was carried out to boost revenue collection for the government and improve funding for infrastructure and other forms of economic expansion. The intention was to accelerate global economic growth. Increasing the overall amount of money that was available for investment was the aim of this project. This analysis will include a practical analysis and an examination of the connection between Bangladesh's economic growth and the value-added tax. This investigation's goal is to ascertain whether there is a connection between these variables. The empirical results support the idea that Value-Added Tax, which is measured by Gross Domestic Product, has a significant positive impact on Bangladesh's economic expansion. The findings lead to the conclusion that the Value-Added Tax is calculated based on Gross Domestic Product, which supports this conclusion. Furthermore, the value-added tax, or VAT as it is more often known, has a statistically significant beneficial impact on total tax revenue as well as total revenue, both of which affect Bangladesh's GDP growth. This effect is advantageous. The study's conclusions indicate that the value-added tax contributes favorably to the nation's rate of economic growth as indicated by GDP for the relevant time periods. This conclusion is based on taking into account all eras. The results of this study are consistent with those of an earlier study that showed a value-added tax had a significant positive impact on economic growth in a number of different countries. B. Business Administration 2024-05-30T04:23:58Z 2024-05-30T04:23:58Z ©2023 2023-08 Internship report ID 18104095 http://hdl.handle.net/10361/23014 en Brac University internship reports are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. 70 pages application/pdf Brac University
institution Brac University
collection Institutional Repository
language English
topic Indirect tax
Value added tax
Economic development
Indirect taxation--Law and legislation
Value-added tax--Law and legislation--Bangladesh
spellingShingle Indirect tax
Value added tax
Economic development
Indirect taxation--Law and legislation
Value-added tax--Law and legislation--Bangladesh
Das, Saumik
An internship report on the impact of indirect tax (Value Added Tax) on the economic development of Bangladesh
description This internship report is submitted in partial fulfillment of the requirements for the degree of Bachelor of Business Administration, 2023.
author2 Alam, Md. Kausar
author_facet Alam, Md. Kausar
Das, Saumik
format Internship report
author Das, Saumik
author_sort Das, Saumik
title An internship report on the impact of indirect tax (Value Added Tax) on the economic development of Bangladesh
title_short An internship report on the impact of indirect tax (Value Added Tax) on the economic development of Bangladesh
title_full An internship report on the impact of indirect tax (Value Added Tax) on the economic development of Bangladesh
title_fullStr An internship report on the impact of indirect tax (Value Added Tax) on the economic development of Bangladesh
title_full_unstemmed An internship report on the impact of indirect tax (Value Added Tax) on the economic development of Bangladesh
title_sort internship report on the impact of indirect tax (value added tax) on the economic development of bangladesh
publisher Brac University
publishDate 2024
url http://hdl.handle.net/10361/23014
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