Bangladesh, US to hold final tariff negotiations before August 25
Bangladesh and the US to hold final tariff negotiations next week to avert 35% export duty. Bangladesh will commence a third and final round of negotiations with the US next week to avert a 35% tariff on its exports, scheduled to take effect on 1
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Bangladesh begins second-round of negotiations with US to avert 35% tariff on exports
The second-round talks are being held at Washington from 9–11 July 2025. Bangladesh has started the second round of negotiations with the US in Washington, DC, from 9 to 11 July 2025, in an effort to stop the implementation of a proposed 35%
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US to impose 35% tariff on Bangladeshi exports from August
US to apply 35% tariff on Bangladeshi exports from 1 August, raising concerns for the country’s key garment sector. The US will impose a 35% tariff on imports from Bangladesh starting 1 August 2025, following an announcement by President Donald
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Bangladesh: Interim government passes national budget for FY26
With the country still under interim rule and no sitting parliament, the FY26 budget will be implemented via a presidential ordinance. The interim government of Bangladesh on Sunday, 22 June, passed a BDT 7.9 lakh crore national budget for the
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Bangladesh updates renewable energy policy, offers 10-year corporate tax exemption
Bangladesh updates its Renewable Energy Policy, introducing tax incentives and new measures to boost green power generation by 2030. The government of Bangladesh released its updated Renewable Energy Policy 2025 on 16 June 2025, setting a target
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Bangladesh plans higher minimum PIT in 2025-26 budget
The government may introduce a flat BDT 5,000 minimum tax for individuals in FY 2025-26, with new taxpayers paying a discounted BDT 1,000 to boost compliance. Bangladesh may raise the minimum income tax for individuals to BDT 5,000 in the FY
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Bangladesh: Cigarettes to cost more due to hiked taxes, duties in 2025-26 budget
Interim govt proposes hiking cigarette taxes to 5% on turnover, 300% on paper. The interim government of Bangladesh has suggested increasing the advance tax on the turnover of cigarette manufacturers from the existing 3% to 5%, taking into
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Bangladesh: Interim Government announces 2025-26 national budget
The government’s growth forecast of 5.5% falls below the IMF’s estimate, signalling a shift away from chasing ambitious GDP targets and mega projects. The budget is set at BDT 7,90,000 crore, with a revenue budget of BDT 5,74,000
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Bangladesh to revise tariffs in fy 2025–26 budget ahead of LDC graduation
Bangladesh plans to reform its tariff structure in the FY2025–26 budget, reducing duties on medicines and industrial inputs while increasing them on select raw materials, ahead of its LDC transition in 2026. Bangladesh is preparing a tariff
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Iran ratifies tax treaty with Bangladesh
The agreement between the two nations was signed on 8 October 2022. Iranian President Masoud Pezeshkian signed legislation ratifying the income tax treaty with Bangladesh on 24 May 2025. The agreement was signed on 8 October
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Bangladesh: Government backtracks dissolution of National Board of Revenue
The government has confirmed that NBR will maintain its operations during the phased implementation of the new Revenue Policy and Revenue Management Ordinance 2025. Bangladesh’s interim government has confirmed that the National Board of
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Bangladesh, US begin negotiations for FTA
Bangladesh and the US have begun discussions on a potential Free Trade Agreement (FTA), with a focus on enhancing trade and investment. A Bangladeshi delegation recently met with officials from the Office of the US Trade Representative (USTR) to
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Bangladesh to raise mandatory minimum corporate turnover tax
The Bangladeshi government is preparing to raise the minimum tax on company turnover from 0.6% to 1% in the upcoming budget. The minimum rate may also rise from 0.25% to 1% for individual taxpayers. These changes are reportedly driven by pressure
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Bangladesh abolishes NBR, forms two new revenue divisions
Bangladesh’s President Shahabuddin has promulgated an ordinance dissolving the National Board of Revenue (NBR) yesterday, 12 May, replacing it with two new entities under the Ministry of Finance: Revenue Policy Division and the Revenue Management
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Bangladesh to shift tax exemption authority to parliament
Bangladesh will introduce a new policy placing full authority for tax exemptions with parliament, removing decision-making power from the government and National Board of Revenue (NBR). NBR Chairman Md Abdur Rahman Khan said the move aims to
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Bangladesh to seek duty-free access for exports to US
Bangladesh plans to ask the US for duty-free access for its key exports during meetings in Washington from 21-25 April 2025, held alongside the World Bank and IMF Spring gatherings. Although the US offers zero tariffs on many products, most
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Bangladesh and Singapore aim to finalise FTA by 2026
Bangladesh and Singapore have agreed to finalise a Free Trade Agreement (FTA) by 2026. The decision was made during the Fourth Foreign Office Consultations (FOC) held in Singapore on Monday, 14 April 2025. During the meeting, both sides discussed
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Bangladesh extends corporate tax filing deadline to April 2025
Bangladesh’s National Board of Revenue (NBR) has extended the deadline for companies to submit their income tax returns to 30 April 2025. In Bangladesh, most companies operate with a fiscal year running from July to June, while banks, insurance
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