Dhaka, June 14 -- Despite pledging to strengthen the bond market and expand alternative sources of financing beyond the banking sector, the BNP government has proposed imposing tax on income earned from zero-coupon bonds in the budget for the 2026-27 fiscal year.

Since taking charge of the finance and planning ministries for the first time under the BNP government, Amir Khosru Mahmud Chowdhury has repeatedly stressed the need to revitalise the capital market and deepen the bond market.

In his budget speech on Thursday, he also announced plans to introduce new bond instruments.

However, the Finance Bill for the next fiscal year proposes withdrawing a tax exemption that individual taxpayers have enjoyed on income from zero-coupon bonds f...