Regulatory Alerts2017-08-17
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 2017-18 fiscal year be audited by audit firms appointed by Bangladesh Bank-approved and concerned banks. If additional firms are required to expedite the audit process, banks must apply to Bangladesh Bank, providing justification and necessary information regarding the number of audit firms needed.
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