Foreign business chambers have raised concerns over tax unpredictability, rising fiscal burden and trade policy imbalances during a pre-budget consultation in Dhaka, urging the government to create a more stable and investor-friendly environment. The issues were highlighted at a discussion
Bangladesh’s National Board of Revenue (NBR) has scrapped the recently imposed 2% advance income tax (AIT) on imports of cotton and man-made fibres (MMFs) used in the country’s garment and textile sector. The exemption, effective immediately, applies exclusively to industrial Import Registration Certificate (IRC) holders, as per a gazette notification issued on 17














