Dhaka, Feb. 15 -- An expert body has recommended radical restructuring of anomalous trade taxes for building a dynamic and trade-oriented economy capable of generating jobs and inclusive growth.

As of the last financial year, finished consumer goods enjoyed about 2.4 times higher tariff protection than intermediate goods in Bangladesh, perpetuating a structural imbalance in the trade regime, the taskforce finds and suggests restructuring the taxes.

On average, final consumer goods in the last financial year got a total nominal protection rate of around 42 per cent, compared to 17.6 per cent for intermediate inputs -- a gap of nearly 25- percentage points.

The National Task Force for Tax Reforms (NTFTR), formed by the post-uprising refo...