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Economy

Bangladesh tax reform stalls amid tough opposition

Unlike India, Dhaka fails to implement major changes, putting pressure on finances

Customers at the Panthapath, Dhaka, outlet of Shwapno, a chain superstore owned by leading conglomerate ACI Group. (Photo by A.Z.M Anas)

DHAKA -- On the day that neighboring India launched its biggest tax reform in 70 years, the stage was set for Bangladesh to do the same, introducing a new value added tax system.

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