Regulatory Alerts2015-07-16
Added · Updated
FEPD Circular Letter No. 13: Appointment of Audit Firm for Cash Incentive/Export Subsidy in Textile and Other Sectors
The document mandates that cash incentives and export subsidies for the export-oriented domestic textile sector and other applicable sectors for the 2015-2016 fiscal year must be audited by audit firms approved and appointed by Bangladesh Bank. If additional firms are required to expedite the audit process, banks must submit a reasoned application specifying the number of firms needed to Bangladesh Bank.
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