According to a proposed fiscal structure, businesses and companies generating an annual turnover of up to Tk2 crore will no longer be required to pay minimum turnover tax. This measure, reported by The Business Standard, aims to provide relief to smaller business entities.
Economy
Tax relief proposed for businesses with up to Tk2cr turnover
Under a proposed tax structure, companies with an annual turnover of up to Tk2 crore will be exempt from paying minimum turnover tax.
Source: The Business Standard