Bangladesh Investment Development Authority (BIDA) said the ongoing 2026-27 budget centers on easing government controls on businesses and adopting investment-friendly policies. The measures were outlined on Thursday at a briefing titled “Investment Related Budget Outcome for Fiscal Year 2027-27” at BIDA’s conference room in Investment Bhaban, Agargaon, Dhaka. Prime Minister’s adviser Rehan Asif Asad attended as chief guest, while BIDA Executive Chairman Chowdhury Ashik Mahmud Bin Harun chaired the event.

BIDA said businesses can be started within 14 days through a single-window system, with automatic approval if service-level agreement deadlines are exceeded. The budget identifies tax policy as a tool to support an investment-production-employment cycle and prioritizes export diversification, local value chains, renewable energy and technology use. Ten new export sectors, including motorcycles, speedboats and handicrafts, can import duty-free raw materials through bank guarantees without bond licences.

The budget removes turnover tax for startup sandboxes and provides a Tk500 crore startup fund. Import tax on electric vehicles priced below $25,000 has been reduced from 94 percent to 64 percent, while charging stations receive full duty exemptions. BIDA also cited duty-free solar components, zero income tax for solar-power businesses, lower advance income tax on cotton imports, and customs-duty exemptions for specified pharmaceutical raw materials.