Dhaka, April 27 -- Levying tax on capital gains of individual investors in the capital market is a likely option the revenue board considers incorporating into the upcoming budget, sources said.

The cue comes from the IMF during review of its loan-package terms set for the government, which include financial reforms some of which, analysts say, already began creating pains.

Individual investors in the capital market have enjoyed tax incentives since 2015, under fiscal measures aimed at developing the fledgling securities market in Bangladesh.

According to the sources, the move came following recommendations from the International Monetary Fund (IMF) as one of the measures to trim down tax expenditure and enhance revenues to attain its ...