Dhaka, Bangladesh (BBN)-The Bangladesh government has proposed tax exemption facilities for 5 years in graduated rate for demutualization of the stock exchanges – Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE).
Finance Minister AMA Muhith has made the proposal while unveiling his budget speech for 2014-15 fiscal year in Parliament Complex.
“I offer tax exemption facilities for 5 years in graduated rate for Demutualised Stock Exchanges with a view to maintaining stability in capital market together with its continual expansion and strengthening,” said Muhith.
BBN/BB/ANS-05June14-6:00pm (BST)