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Bangladesh Budget for 2019-2020 Delivered

|Proposed Changes|Bangladesh
Bangladesh

The Bangladesh Budget Speech for 2019-2020 was delivered by Finance Minister Abul Maal Abdul Muhith on 13 June 2019. Some of the main points of the budget are as follows:

Income tax measures, including:

  • An increase in the minimum tax rate for mobile companies from 0.75% to 2.0% of turnover;
  • An extension of the existing tax holiday incentives for 21 industrial sectors and 19 physical infrastructure development sectors by five years and the inclusion of additional sectors, including manufact…

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