Trade
14 hours ago

DCCI pushes for lower taxes, business reforms in FY27 budget recommendations

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Dhaka Chamber of Commerce & Industry (DCCI) on Wednesday submitted a set of proposals for the FY2026-27 national budget to NBR, calling for tax relief, automation, and wide-ranging reforms to improve the business climate and strengthen revenue mobilisation.

The proposals were formally presented at the NBR in the morning as part of the chamber’s recommendations ahead of the upcoming national budget.

The chamber prepared the recommendations focusing on strengthening revenue collection capacity, creating a business-supportive environment, lowering the tax burden, and promoting investment in productive sectors to boost employment, UNB reports.

DCCI said it submitted a total of 54 proposals for inclusion in the FY2026-27 national budget, highlighting 16 key recommendations covering income tax, VAT, customs, automation of tax administration, and measures to facilitate businesses and investment.

The chamber emphasised the expansion of the tax base and the simplification of the the tax structure as core objectives. It proposed business-friendly tax policies, automation of tax administration, reforms in value-added tax (VAT) systems, protection for local industries and simplification of import duty and tariff structures. 

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