BSS
  14 Jun 2026, 19:58

2026-27 budget recognises long-standing reform proposals: CSE MD

CHATTOGRAM, June 14, 2026 (BSS)- M Saifur Rahman Majumder, Managing Director of Chattogram Stock Exchange (CSE) appreciated the array of policy initiatives included in the proposed national budget.

The policy initiatives aim to modernize and enhance the country's capital market while fostering an investment-friendly atmosphere, he said at a post-budget press conference here today.

He described the incorporation of capital market-related policies into the national budget framework for the first time in the nation's history as a commendable advancement.  

He stated that this year's budget serves as institutional acknowledgment of longstanding reform proposals. 

Majumder said, “For long time the CSE has been advocating for various proposals aimed at product diversification and expansion within the capital market at the policy-making level. It seems that policymakers have earnestly considered the practical and visionary proposals put forth by CSE in the development of this year's budget.” 

The CSE MD further said the budget outlines initiatives to upgrade market infrastructure, enhance digital capabilities, implement quicker settlement systems, introduce new financial products and instruments, boost investor awareness, and facilitate the engagement of international investors.
 
He said the focus on the commodity exchange sector within the national budget is both timely and encouraging. The government has initiated the implementation of the commodity exchange by activating existing licenses, developing necessary regulations, enhancing technical capabilities, and securing the support of international experts, he noted.

Describing the proposed budget for the fiscal year 2026-27 as timely, bold, and a suitable measure for economic recovery, he said the tax rate disparity between listed and unlisted companies is currently set at 7.5 percent. 

He suggested increasing this gap to 10 percent to encourage the listing of reputable companies in the capital market. 

Additionally, he urged for the income of newly listed companies to be tax-exempt for three years, reduction in the withholding tax on payments made to non-residents for technical services from 20 percent to 10 percent, and a decrease in VAT in the software maintenance sector from 15 percent to 5 percent. 

The CSE Managing Director also expressed optimism that the reform-oriented leadership, investment-friendly policies, and market modernization initiatives of the current government will elevate Bangladesh's capital market to new heights. 

CSE Chairman AKM Habibur Rahman was present, among others, on the occasion.