Higher tax on high-income earners may increase capital flight: MCCI president

Higher tax on high-income earners may increase capital flight: MCCI president


The Women Entrepreneurs Association of Bangladesh also raised demands to improve benefits for women entrepreneurs. Its president Nasreen Fatema Awal called for a 3–5 year tax holiday for women entrepreneurs, along with training programmes on taxation.

At the event, the NBR chairman proposed introducing a repaired VAT rate for women entrepreneurs, declareing, “Then you will no longer required to submit VAT returns.”



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