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Pay attention to RMG sector in budget: BGMEA tells govt
May '16
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has urged the government to pay special attention to the readymade garment (RMG) industry while preparing the upcoming national budget.

To attract investment and help sustain competitiveness, BGMEA president Siddiqur Rahman proposed 10 per cent special corporate tax rate and reduction of tax at source to 0.30 per cent from existing 0.60 per cent in the next fiscal year for the RMG industry.

Rahman said this while speaking at a pre-budget discussion organised by the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and a private television channel in Dhaka last week.

The BGMEA president laid emphasis on employment generation along with achieving higher economic growth. He urged the government to keep import of all the safety equipment duty free.

Finance minister AMA Muhith was the chief guest at the discussion, which was also attended by commerce minister Tofail Ahmed and government advisor AB Mirza Azizul Islam, among others. (RKS)

Fibre2Fashion News Desk – India

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