Investment authorities mull over changing corporate structure of country
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DHAKA, April 4, 2021 (BSS) – The Bangladesh Investment Development Authority (BIDA), the Bangladesh Economic Zones Authority and other government investment authorities have considered the corporate structure of the country as a barrier to attracting domestic and foreign investment.
They came up with the thoughts in the pre-budget discussion held at the NBR conference room on Wednesday last where BIDA and Bejar, Bangladesh Export Processing Zones Authority (BEPZA), Bangladesh Hi-Tech Park Authority and Business Initiative Leading Development (BUILD) also took part.
The concerned authorities have proposed a number of reforms in the areas of income tax, VAT and customs for National Board of Revenue (NBR) investors citing that the 2021-22 budget will be for the ‘post-corona economic recovery’.
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