Previously, the source tax on these items was 1 percent.

However, commercial importers will face 2.5 percent to 7.5 percent.

Meanwhile, the corporate tax rate for merchant banks has been proposed to be reduced to 27.5 per cent from the existing 37.5 per cent.

Imports of fertiliser, seed, and cotton will also get zero-duty benefit next year.

The move targets referral hospitals and all healthcare facilities with more than 50 beds.

From fiscal year 2025-26, the maximum tax rate will be 6 percent, while the minimum rate will be set at 1 percent.

The benefit will be available from the fiscal year 2025-26.

A proposal has been placed to add 79 new items to the duty-free list.

The government decided to reduce the tax on trading to meet the demands of stock brokerages.

The proposed outlay is nearly 1 percent lower than the Tk 797,000 crore budget for the outgoing fiscal year ending this month

Finance Adviser Dr Salehuddin Ahmed is delivering budget speech

According to the primary draft plan, revenue budget size is Tk 5,74,000 crore

In a year stripped of spectacle, interim govt set to deliver an outlay shaped by restraint, realism and possibly, reform

Govt puts inflation control, revenue reform, fiscal restraint at the heart of its economic plan

The interim government is set to introduce a wide range of tax and duty reforms in the upcoming fiscal year to facilitate the country’s smooth graduation from Least Developed Country (LDC) status and drive economic growth.

The interim government may widen the gap in the corporate tax paid by listed and non-listed firms from 5 percentage points to 7.50 percentage points in order to attract companies with good performance records into going public.

These include steps to reduce the cost of doing business and align tax policies with the requirements of LDC graduation

Debapriya Bhattacharya tells The Daily Star

Three mega projects will get special focus in the upcoming development budget with the view to providing cheaper electricity, easing Dhaka dwellers’ transportation problem and enhancing international trade for Bangladesh.

The FY2026 budget must be more than a mere fiscal statement.