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Proposal to reduce withholding tax rates for real estate sector
With a plan to relieve big cities including Dhaka of the pressure of excessive population, Finance Minister AMA Muhith proposes to reduce withholding tax rates for real estate sector in the 2016-17 fiscal year budget.
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Reconsider the ban on commercial establishments in residential areas
The government has recently issued a notice to the people concerned that no commercial establishment will be allowed to operate in residential plots of Dhanmondi, Gulshan, Banani, Baridhara, and Uttara.
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Unapproved businesses must go from Dhaka residential areas
Unapproved institutions and commercial establishments must leave from the residential areas in Dhaka city within the next six months.
