The government proposed to impose VAT on meditation services again after three years of exemption.
“I propose to withdraw the existing VAT exemption on ‘Meditation Services’, Finance Minister AHM Mustafa Kamal said in his budget speech on Thursday.
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The 7.0 percent VAT on meditation was first imposed in FY 2013-2014 but then Finance Minister AMA Muhith withdrew it in FY 2014-15 showing the ground of enabling people to recover mental and physical illness.
The VAT on meditation was again proposed during the budget speech of FY 2018-19 but the Finance Minister held up it for next two years amending the proposed finance bill of the same FY.