FE Report
The premier bourse has proposed that the government offer 100 per cent tax exemption on its own income for five years through fiscal 2020, officials said.
This is one of many proposals the Dhaka Stock Exchange (DSE) has submitted to the ministry of finance ahead of the 2015-16 budget.
The major bourse will also sit with the National Board of Revenue (NBR) soon to discuss the proposals, considering the current situation of the capital market.
It has also proposed to lower tax rate on the transaction of bonds, units of mutual funds and shares of listed companies to 0.015 per cent from existing rate of 0.05 per cent.
DSE managing director Dr. Swapan Kumar Bala said his exchange is enjoying tax holiday on its own income for the current fiscal year.
"We want same facility for next five financial years as we've initiated many reforms to modernise the exchange," he said.
Under the existing rules, an individual gets tax exemption from dividend income up to Tk 20,000.
In its budget proposal, the premier bourse requested the government to keep tax on income not within Tk 50,000, considering the interest of small investors and the capital market's sorry state.
Listed companies presently are paying 27.5 per cent corporate tax on their income.
The DSE has proposed lowering this tax from existing rate of 27.5 to 25 per cent to encourage non-listed companies to go public.
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DSE seeks full tax waiver
FE Team | Published: April 11, 2015 00:00:00 | Updated: November 30, 2026 06:01:00
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