Dhaka, March 2 -- An exhaustive package of dos framed by an expert panel asks the government to abolish zero-rated duty and all concessionary rates and the practice of making midterm changes in duties to maximize state revenue.

The 552-page report of the 12-member taskforce assigned to reframe economic and financial development strategies of Bangladesh, submitted on February 11, 2025 to Planning Adviser Dr Wahiduddin Mahmud, views that any duty concessions under special circumstances must be approved by parliament or competent authority before or within three months.

"Abolish the exemptions of tax in respect of capital-gains and, in deserving cases, these may be taxed at preferential rates," says the report titled 'restrategising the ec...