Regulatory Alerts2020-03-11
Added · Updated
FEPD Circular Letter No. 08: Regarding Disbursement of Cash Incentive against Inward Remittances sent through legal channel
The document clarifies that cash incentives are payable on inward remittances sent through legal channels by Bangladeshi personnel working at foreign offices of Bangladeshi shipping and airline lines, as well as by Bangladeshi mariners and air traffic pilots working for foreign shipping and airline lines. It further specifies that Bangladeshi employees working at United Nations, other organizations, or foreign missions abroad are eligible for cash incentives on their foreign earnings remitted to the country. These clarifications reinforce the existing directives issued in FEPD Circular No. 31 dated 06/08/2019 and subsequent letters.
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