2015-07-13

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FEPD Circular Letter No. 12: Regarding the deduction of income tax @ 0.60% against export proceeds under SRO 224-law/2015

The Foreign Exchange Policy Department of Bangladesh Bank circulates SRO 224-law/2015, issued by the National Board of Revenue on July 2, 2015, which establishes a 0.60% income tax deduction rate on export proceeds under the 2015 Budget. Authorized dealer banks are instructed to take necessary action regarding this notification.

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