Budget 2022-23: Govt proposes to reduce turnover tax for startups

Finance Minister AHM Mustafa Kamal has proposed to reduce the turnover tax for startups from 0.70 per cent to 0.10 per cent in the fiscal year 2022-23. The minister has further proposed to exempt start-ups from submitting all types of reports except income tax returns. AHM Mustafa Kamal said this during while placing the national budget 2022-2...