NBR reduces income tax rate for garments exports

Dhaka,  Sun,  20 August 2017
Published : 07 Aug 2017, 20:35:33
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NBR reduces income tax rate for garments exports

NBR reduces income tax rate for garments exports
The National Board of Revenue (NBR) has reduced income tax rate for garments (oven and knitwear) producers and exporters to 12 per cent from the existing 20 per cent. 

"From the current financial year 2017-18, company and others taxpayers without company will provide maximum 12 per cent which was 20 per cent for the financial year 2016-17," reports BSS citing a NBR circular on Monday.

The taxpayers of the international "Green Building Certificate" receiver factories will provide 10 per cent income tax from the fiscal, the circular added. 

NBR is providing the income tax facilities for building pollution free industrialisation and low carbon economy.
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