‘Tax holiday is essential for trade’

19th May, 2019 11:21:23 printer

Bangladesh Investment Development Authority (BIDA) Executive Chairman Kazi M Aminul Islam on Sunday said the government is providing tax holiday facility in different fields as it is essential for the development of trade and commerce.

“The government is providing the tax holiday facility in different industries, especially industries under the Bangladesh Economic Zone Authority (BEZA), Bangladesh Export Processing Zone Authority (BEPZA) and Bangladesh Hi-Tech Park Authority (BHTPA),” he said, reports BSS.

The BIDA chief said this while presiding over a discussion on “Revisiting Tax Holiday Policy of Bangladesh for Promoting Investment and Export” at BIDA headquarters in the city, said a press release.

National Board of Revenue (NBR) Member (Income Tax Policy) Kanon Kumar Roy, among others, attended the discussion. BIDA and Business Initiative Leading Development (BUILD) jointly organised the discussion.

Aminul Islam said the government is always alert about the growth of trade and investment. “The government as well as related ministries and organizations are taking timely decisions considering all aspects,” he added.