The budget proposes collecting Tk 2 in advance tax on every Tk 1,000 worth of goods supplied to retailers, as part of a broader effort to improve Bangladesh’s tax-to-GDP ratio
June 11, 2026
Staff Correspondent
bdnews24.com
The government has moved to bring millions of retailers into the tax net as part of efforts to expand Bangladesh’s narrow tax base — a measure that could eventually affect prices of essential commodities.
The proposal comes at a time when households, particularly those on fixed and lower incomes, are already struggling with several years of elevated inflation.
The budget proposes to reduce the source tax rate on 60 daily essentials, basic agricultural products and consumer goods
The proposal by the National Board of Revenue (NBR) to increase the source tax on essential commodities from 0.5 percent to 1…
More indirect taxation will impoverish already poor citizens deepen economic weakness.
Move is part of wider trade tax reform as Bangladesh prepares for LDC graduation
The National Board of Revenue (NBR) seeks at least 10 percent higher value-added tax (VAT) collection from businesses each year,…
From tobacco to appliances and imports, revised taxes and tariffs are expected to ripple through consumer markets
