The National Taskforce on Restructuring the Tax System today submitted its report to Chief Adviser Professor Muhammad Yunus. The report proposed necessary restructuring of the tax system to support overall economic development and to formulate tax policies conducive to both domestic and foreign trade. The report titled “Tax Policy for Development: A Reform Agenda for Restructuring the Tax System,” identified a total of 55 policy issues and provided recommendations for each. The report also proposed restructuring the tax system to change the ratio of direct to indirect taxes from the current 30:70 to 50:50. It also recommended moving toward a single VAT rate instead of multiple rates in the value-added tax system.

Source: Bangladesh Sangbad Sangstha January 27, 2026 15:03 UTC