Agro-based industries get 10-year tax exemption

 
Staff Correspondent, 
bdnews24.com
Photo: PMO
Bangladesh has announced a 10-year tax exemption for six individual sectors in agro-based industries to generate employment and tackle the drought in investment caused by the coronavirus pandemic.
");
}
Finance Minister AHM Mustafa Kamal proposed to offer tax exemption, subject to certain conditions, for ten years to industries engaged in processing fruits and vegetables, producing milk, dairy products and baby food entirely from locally grown agricultural products, and manufacturing of agricultural machineries during the budget proposal he presented in the parliament on Thursday.
Photo: PMO
“It is irrefutable that Bangladesh holds unlimited prospects in agro-based industries. Flourishing of agro-based industries and generation of employment are possible through the production of import substitute products in Bangladesh,” the minister said explaining the reason behind his rationale.

Related Keywords

Bangladesh ,Mustafa Kamal ,National Board Of Revenue ,Finance Minister ,National Board ,Bangladesh Budget ,Udget Fy2021 22 ,Y2021 22 Budget ,Pandemic Budget ,Angladesh And Budget ,Budget 2020 21 ,Ahm Mustafa Kamal ,Angladesh And Economy ,Gdp ,Tax ,Revenue ,Deficit ,Fiscal Policy ,Sheikh Hasina ,Prime Minister ,Finance Division ,Br ,Agro Based Industry ,Employment ,Investment Drought ,Fruits And Vegetables ,Milk And Dairy Products ,Baby Food ,Agricultural Products ,பங்களாதேஷ் ,மஸ்டேஃபா கமல் ,தேசிய பலகை ஆஃப் வருவாய் ,நிதி அமைச்சர் ,தேசிய பலகை ,ஹ்ம் மஸ்டேஃபா கமல் ,ட்ப் ,கோடரி ,ப்ர் ,