Bangladesh: Sukuk investors may be offered fiscal benefits
Published 01 Jun,2021 via The Financial Express - The government is likely to offer fiscal benefits in order to attract investment in Sukuk, a bond-like instrument used in Islamic finance.
The existing gain tax at a rate of 4.0 per cent might be waived on transfer of asset to the Special Purpose Vehicle (SPV) in the Finance Bill-2021, officials said.
Finance Minister AHM Mustafa Kamal may propose the tax waiver while placing the national budget for fiscal year 2021-22 on June 03.
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The Financial Express