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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.
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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 substitu ....

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Bangladesh exempts household appliance industry from VAT

News Desk,
bdnews24.com
Published: 03 Jun 2021 08:35 PM BdST
Updated: 03 Jun 2021 08:35 PM BdST
Finance Minister AHM Mustafa Kamal arrives in parliament to present the national budget for fiscal 2021-22 on Thursday, Jun 3, 2021.
The government has exempted the household appliance industry from Value Added Tax or VAT to ease the dependence on foreign goods.
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In the FY 2021-22 budget unveiled on Thursday, the government included VAT exemption on locally manufactured blenders, juicers, mixers, grinders, electric kettles, rice cookers, multi-cookers and pressure cookers.
Washing machines, microwave ovens and electric ovens made in Bangladesh will also enjoy the VAT exemption.
The exemption of Advance Tax on raw materials of iron products, scrap vessels and ethylene glycol, terephthalic acid, ethylene of prop ....

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Bangladesh plans 15% tax on private universities, medical colleges

Bangladesh plans 15% tax on private universities, medical colleges ....

Mustafa Kamal , Appellate Division , National Board Of Revenue , High Court , Finance Minister , National Board , Bangladesh Budget , Udget Fy2021 22 , Y 2021 22 Budget , Pandemic Budget , Budget Bangladesh , Angladesh And Budget , Budget 2020 21 , Ahm Mustafa Kamal , Finance Minister , Angladesh And Economy , Budget Deficit , Fiscal Policy , Sheikh Hasina , Prime Minister , Finance Division , National Board Of Revenue , Jatiya Sangsad , Finance Ministry , Private University , Private Medical College ,

Tax rebate proposed for employers with 10% or 100 third gender recruits

Tax rebate proposed for employers with 10% or 100 third gender recruits ....

Third Gender , Tax Rebate , Livelihood Improvement , Bangladesh Budget , Udget Fy2021 22 , Y 2021 22 Budget , Budget Bangladesh , Angladesh And Budget , Budget 2020 21 , Ahm Mustafa Kamal , Finance Minister , Angladesh And Economy , மூன்றாவது ஜெஂடர் , ஹ்ம் மஸ்டேஃபா கமல் ,