Published:  12:48 AM, 13 September 2018

Muhith hints tax incentive for market shareholders

Finance Minister AMA Muhith yesterday announced slashing the capital gain tax for the shareholders of capital market to 5 percent from the existing 15 percent if the shareholders invest their net sales profits in the share market for three years.

"The bourse's member-shareholders, who want the incentive, must submit an investment proposal before getting the waiver from the government," he told a function at Bangabandhu International Conference Centre (BICC) in the city, marking the Silver Jubilee of the Bangladesh Securities and Exchange Commission (BSEC). Prime Minister Sheikh Hasina inaugurated the seven-day Silver Jubilee celebration programs as the chief guest.

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