Dhaka, April 16 -- Economists and analysts have called for a comprehensive review of Bangladesh's tax policy, recommending a shift away from tax exemptions and indirect taxes in favour of direct taxationto raise the country's tax-to-GDP ratio - one of the lowest in the world.
Speaking at a panel discussion titled "Strengthening Fiscal Foundations: Enhancing Domestic Revenue Mobilisation for Sustainable Growth in Bangladesh", experts underscored the urgent need to reconsider long-standing tax benefits and introduce structural reforms to increase revenue collection.
The discussion was part of the opening day of the 6th Bangladesh Economic Summit BES), organised by the student-run Economics Study Center at Dhaka University.
Bangladesh's cur...