"Quincy planning board approves 40-year tax exemption for new medical office building managed by Beth Israel Deaconess Medical Center. Mayor s final approval pe
Agri budget 2021-22
Agriculture gets third highest priority
Staff Correspondent
3rd June, 2021 06:55:36
Finance Minister AHM Mustafa Kamal has proposed a 10-year tax exemption to industries engaged in processing locally grown agricultural products and machineries in the proposed national budget for 2021-2022 fiscal.
“I propose to offer tax exemption, subject to certain conditions, for 10 years to industries engaged in processing locally grown fruits and vegetables, producing milk and dairy products, producing baby foods entirely from locally grown agricultural products, and manufacturing of agricultural machineries, the finance minister said while unveiling the budget at the National Parliament on Thursday.
Flourishing of agro-based industries and generation of employment are possible through the production of import substitute agricultural products in Bangladesh, he said.