9 June 2024
Textile, garment makers urge govt to reconsider their demands
Textile and garment makers in Bangladesh have urged the government to reconsider some of their demands in the new national budget. Key demands include reducing source tax on exports, continuing cash incentives till 2032, withdrawing VAT on garment waste and yarn sales, introducing food rationing for garment workers, and addressing gas crisis affecting production. They welcomed proposed rebates on textile imports but sought lower duty on chillers. The demands aim to improve business conditions for the crucial export sectors.