The various stimulus packages announced by the Prime Minister are likely to see a roadmap over the next three budgets. The budget may also reflect on tax and value added tax (VAT) customs intervention, as it would be the second phase of implementation. The small entrepreneurs are receiving negligible support from banks to obtain loans from the government's Tk20,000 crore stimulus package. By 2023, widening of tax and VAT net in compliance with LDC status will assist in greater revenue collection. What steps could help the country's real estate sector in the post Covid-19 scenario?

Source: Dhaka Tribune May 28, 2020 15:56 UTC