Dhaka, March 19 -- The government is set to abolish the long-standing duty-free vehicle import facility for Members of Parliament (MPs) in the upcoming national budget session, marking a significant shift in tax policy aimed at curbing privileges linked to public office.

Finance Minister Amir Khasru Mahmud Chowdhury said the decision reflects a broader commitment to transparency and equitable taxation, following years of criticism over abuse of the scheme and substantial revenue losses.

The controversial privilege, granted under the Members of Parliament (Remuneration and Allowances) Order, 1973, will be scrapped through necessary legal amendments, he told The Financial Express on Wednesday.Newspaper subscription

"We have taken the dec...