C T Online Desk: In an immediate budget response, Chittagong Chamber President Mahbubul Alam said the reduction in corporate tax rates in the budget would encourage investment.
Employment growth, growth and export diversification will be expanded. However, it is necessary to increase the personal tax-free income limit in proportion to the 5.6 percent inflation. He said the budget was timely considering the post-Corona post-epidemic economic recovery process and the wartime situation in the global context.
The Chittagong Chamber President made the remarks at the Bangabandhu Conference Hall of the World Trade Center on the occasion of the budget on Thursday (June 9).