Related Keywords: Apparel and textile sector, Bangladesh textile, tax at source
The Bangladesh government has reduced tax at source for the apparel and textile sector to 0.30 per cent from the existing 0.80 per cent. The directive came following the apparel makers demand to reduce the tax at source to 0.25 per cent from the existing one to help the sector recoup losses caused by the prevailing political unrest. The exporters will enjoy the benefit from January 01 last till June 2015.