Govt proposes to keep tax exemption for women-owned SMEs

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Business Desk :
The government has proposed to exempt the small and medium enterprises (SMEs) owned by women entrepreneurs from turnover tax in the 2022-23 fiscal year again. However, the exemption will be applicable to only those enterprises that generate Tk70,00,000 or less in turnover as before, Finance Minister AHM Mustafa Kamal said during the budget speech on Thursday (9 June). The move came as part of reviewing commitments made in the outgoing FY2021-22 budget and their implementation progress.

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