Business leaders discuss key tax reforms at RRH seminar on Finance Bill 2026

Business leaders, finance professionals and corporate executives on Sunday discussed the implications of the proposed tax reforms under the Finance Bill 2026 at a technical seminar organised by Rahman Rahman Huq (RRH), Chartered Accountants, in the capital.

The seminar, held at Lakeshore Hotel in Gulshan, brought together senior executives from multinational companies, foreign investors, large local business groups, banks, financial institutions and other corporate entities.

Participants reviewed proposed amendments to the country's Income Tax and VAT laws and examined their likely impact on businesses. Key discussions centred on the proposed withdrawal of the minimum tax regime, replacement of expense disallowance for withholding tax non-compliance with a penalty-based system, reductions in withholding tax rates, improvements in tax refund mechanisms, incentives for startups and measures aimed at simplifying VAT procedures and improving the overall business environment.

A major focus of the discussion was the proposed reform of the tax dispute resolution system. Participants welcomed the planned reduction in disputed tax deposits required for filing appeals before the Tax Appellate Tribunal and the High Court Division, saying the move would improve access to justice and lower litigation costs for taxpayers.

However, concerns were raised over the proposal to introduce a disputed tax deposit requirement for appeals before the Commissioner (Appeals).

Speaking at the event, RRH Senior Partner Adeeb H. Khan underscored the importance of a stable and predictable tax framework in promoting investment, economic growth and voluntary tax compliance.

The keynote technical session was conducted by RRH Partner M. Mehedi Hasan, who presented a detailed analysis of the proposed reforms and their practical implications across different sectors of the economy.

The seminar was also attended by RRH partners Ashraf Zaman Ali and Tazul Islam, along with other senior professionals of the firm.

RRH said it has been organising annual Finance Bill seminars for the past 14 years as part of its efforts to keep clients and stakeholders informed about major tax and regulatory developments.

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