HomeTextileGarment Sector Tax Benefits Likely to End, Says NBR Chairman

Garment Sector Tax Benefits Likely to End, Says NBR Chairman

Bangladesh’s National Board of Revenue (NBR) has indicated that the existing reduced corporate tax rates for ready-made garment (RMG) exporters may be withdrawn in the fiscal year 2026–27.

Speaking at a pre-budget consultation in Dhaka, NBR Chairman Md Abdur Rahman Khan said the concessional rates “may not remain,” signaling a possible policy shift.

Currently, RMG exporters enjoy reduced tax rates of 10% for green factories and 12% for others, significantly lower than the standard corporate tax rate of 25%–27%.

Business leaders and stakeholders, including representatives from American Chamber of Commerce in Bangladesh and EuroCham Bangladesh, attended the consultation and presented recommendations ahead of the national budget.

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