Dhaka, June 11 -- Tax exemptions have been granted in the budget for the production of e-bikes. The government has taken this initiative to support entrepreneurs in this sector in order to make fuel-efficient e-bikes more accessible. In the budget, all taxes exceeding 5% on local production have been waived. Additionally, all types of VAT, advance taxes, and supplementary duties have been exempted for the import and local purchase of components needed to manufacture e-bikes.On June 2, Economic Adviser Salehuddin Ahmed announced the budget for the fiscal year 2025-26. In it, he proposed these tax exemptions to encourage e-bike production.However, to avail of these benefits, investors must fulfill several conditions:The manufacturer or inve...