Budget not supportive of business and investment: DCCI
Although the proposed budget includes some positive steps such as inflation control, adjustments to the minimum tax, expansion of allowable deductions in various areas, widening of the tax net, and introduction of an automated return system, the Dhaka Chamber of Commerce and Industry (DCCI) believes it is not sufficiently supportive for creating a favorable environment for investment and ease of doing business. The budget lacks clear directives for expanding investment, improving business conditions, and reforming the CMSMEs and banking sector.
