Metro rail fare likely to rise 

A 15 per cent value added tax (VAT) is being introduced on the tickets of metro rail in Dhaka from 1 July. As a result, metro rail fare may rise.

In this regard, the VAT Division of the National Board of Revenue (NBR) issued an office order to the operating authority, Dhaka Mass Transit Company Limited (DMTCL) on Thursday. 

According to the letter, NBR has expressed their inability in waiving the tax on the country’s first metro rail.

But an official of DMTCL said they did not get any official letter yet.

As the tax burden is usually passed on to the consumers, the metro rail fare is likely to rise in proportionate with the tax rate.