Source tax withdrawn from bond, bills | The Daily Star
06:00 PM, June 04, 2015 / LAST MODIFIED: 06:09 PM, June 04, 2015

Source tax withdrawn from bond, bills

The government has finally taken initiative to develop a bond market in the country.

As part of the move, the finance minister in the budget has proposed to withdraw existing 5 percent upfront source tax on interest income of Treasury bond and Treasury bill.

Industry players have been demanding to withdraw the tax for long.

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