The Bangladesh Chamber of Industries (BCI) has proposed to raise the VAT-free annual turnover ceiling to Tk4 crore from Tk3 crore for small businesses due to the hike in operation cost resulting from inflation.
Bangladesh Association of Amusement Parks and Attractions (BAAPA) has proposed to reduce the income tax for the tourism sector and amusement parks from the existing 7.5% to 5%.
Source: www.tbsnews.net
