Dhaka, Feb. 1 -- The tax rate should be reduced and the tax net should be expanded instead, Prime Minister's adviser Salman F Rahman said, urging businesspeople to cooperate with the revenue regulator to expand the tax net further.

He urged the businessmen to gradually come out of the culture of seeking incentives or subsidies.

Salman F Rahman, adviser for private industry and investment to the Prime Minister, made the remarks while speaking at the inauguration ceremony of the 18th Dhaka International Textile and Garment Machinery Exhibition (DTG)-2024 as the chief guest on Thursday.

The fair is being held at the International Convention City Bashundhara (ICCB) in the capital from February 1 to 4.

The expo is being jointly organised b...