Dhaka, June 11 -- The Foreign Investors' Chamber of Commerce and Industry (FICCI) has welcomed the government's strategic Three-R (Recovery, Restoration and Reconstruction) framework underpinning the proposed Finance Bill 2026 and the budget for FY2026-27, while raising concerns over provisions that could weigh on Bangladesh's regional competitiveness.

In a statement on Thursday, FICCI described the Finance Bill as a positive, progressive and business-friendly initiative, citing the government's commitment to bringing greater clarity, simplification, predictability and digitalisation to the tax, VAT and customs regime.

Among the measures it commended, FICCI highlighted the reclassification of Tax Deducted at Source (TDS) as advance tax ...