Dhaka, April 10 -- The National Board of Revenue (NBR) is considering phasing out reduced corporate tax rates for apparel exporters as the benefits have remained in place for a longer period of time.

In the budget for the upcoming fiscal year, the tax authorities may increase tax rates for most of the sectors, including ready-made garment exporters, who are enjoying reduced rates.

Currently, RMG exporters are enjoying 10-per cent corporate tax rate for green industries and 12 per cent for general ones.

The reduced tax rate is set to continue until 30 June 2028.

However, a majority of the corporate taxpayer pay taxes at a rate of 27.50 per cent on their income.

According to a senior income tax member, the NBR has planned to phase out ...