Fiscal Measures for Industrialization in Bangladesh: The government is likely to extend tax exemptions for the information technology sector for three more years as the current phase of concessions ends on June 30.
The overall revenue generation target will be Tk 537,000 crore in the new fiscal year that begins on July 1, which is 7.4 percent higher than that of the goal of the outgoing financial year.
Although a large chunk of revenue is deposited in the state coffer towards the end of a fiscal year, there might be a big gap between the revised target and the actual collection.
Loan Restrictions for Non-Compliant Banks: Non-compliant banks should be barred by the central bank from providing new loans until they ensure compliance, according to a top economist.