Bangladesh, April 1 -- The Newspaper Owners' Association of Bangladesh (NOAB) has urged the government to withdraw a 3 per cent import duty and 15 per cent value-added tax (VAT) on newsprint and reduce the corporate tax rate for the newspaper industry from 27.5 per cent to 10 per cent, citing mounting financial pressure on the sector.
The proposals were presented at a pre-budget discussion for the 2026-27 fiscal year held at the auditorium of the National Board of Revenue (NBR) in Agargaon on Monday.
Newspaper owners highlighted ongoing economic challenges and called for policy support to help sustain the industry.
NOAB leaders also proposed reducing the 5 per cent tax deducted at source on advertisement income and the 5 per cent advance...