Investor Presentaiton
9. What are the welcome fiscal measures in budget FY2023-24?
Welcome Measures
9. Increased TTI (43% from 15.25%) on cashew nut imports
10. CD on imports for elevators raised from 5% to 15%, while for escalators, it has been
increased from 1% to 15%
11. CD on low-capacity electric panels was increased to 10% from its previous rate of 1%
12. Reduction of VAT from 15% to 5% ethylene glycol, terephthalic acid, and hot rolled
stainless steel in coils
13. Withdrawal of 7.5% VAT on textile waste's sale, exemption of AT on Solar Powered
Water Desalination Plant imports
14. 15% VAT levied on cashew nuts, fresh dates, dried dates and non-fortified basmati
rice
15. Duty tax exemptions on imported materials for hotel industries withdrawn
National Budgets in Bangladesh: Myths and Realities
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