NBR chairman sees Trump tariffs taking toll on BD's revenue collection - News Summed Up

NBR chairman sees Trump tariffs taking toll on BD's revenue collection


"We have to rationalise our duty structure a bit, as we have made some commitments under the US Treasury system," he said. "He also hinted at adjustments in the country's income tax policy, citing high rates of minimum tax and tax deduction at source. "Then where will the collection increase? "Our individual and corporate tax rates are comparatively quite low, so the tax in that sector will remain unchanged this year," he said. "The existing disparity in revenue rates, however, will be eliminated in the next budget.


Source: bd News24 April 15, 2025 18:17 UTC



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