Bangladesh, Oct. 4 -- With significant increase in international trade in recent decades, fiscal measures draw attention of many stakeholders. The government changes tax rates almost every year through passage of the Finance Bill by the Jatiya Sangsad (national assembly). Such changes in fiscal measures are a matter of interest for businessmen and investors who plan their projects, making projection of costs based on new tax rates -- enhanced or reduced.
Many of the local and foreign investors often face difficulties in knowing the actual rates of all forms of taxes, such as customs duty, regulatory duty, supplementary duty, and advance income tax (AIT), on products they produce or import. The National Board of Revenue (NBR) fixes the tax ...