Concerns have also emerged over mandatory e-VAT compliance for large companies and the broader investment climate

He welcomed the government’s commitment to keeping corporate tax rates stable, reducing financing costs and offering incentives to foreign investors

The Foreign Investors’ Chamber of Commerce and Industry (FICCI), the Dhaka Chamber of Commerce and Industry (DCCI), the Institute of Chartered Accountants of Bangladesh (ICAB),…

It warns that the absence of a corporate tax roadmap and mandatory e-VAT rollout may create challenges for businesses

Concerns have also emerged over mandatory e-VAT compliance for large companies and the broader investment climate

While businesses and investors stand to benefit from a range of incentives, the budget raises taxes, trims reliefs and adds compliance burdens for many middle-income and marginal…