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In a bid to strengthen governance in the capital market and rebuild investor confidence, the government has proposed expanding the corporate tax rate gap in the national budget for fiscal year 2025–26.
Finance Advisor Salehuddin outlined plans to increase the tax rate gap between listed and non-listed companies from 5 per cent to 7.5 per cent on Monday, bdnews24.com reports.
The move aims to make stock market listing more financially appealing and boost overall market participation, according to him.
Additionally, to promote investment and transaction activity, the source tax rate on total transaction value collected by brokerage houses has been reduced from 0.05 per cent to 0.03 per cent.