• Thursday, Dec 03, 2020
  • Last Update : 04:24 pm

Cash incentives raised for leather-textile-shrimp exports

  • Published at 12:56 am April 5th, 2016
  • Last updated at 11:36 pm August 9th, 2016
Cash incentives raised for leather-textile-shrimp exports
Bangladesh Bank has increased its cash incentives for leather, textile and shrimp exporters. It increased the incentive for export of leather goods to 15% from 12.50%. The increased aid will be effective only in case of exporting leather products through cargo during the financial year 2015-16 as per government decision, said a BB circular issued yesterday. According to the circular, the previous applications for cash incentive against the exported leather goods, which have already been settled during this financial year, will also be entitled to get an additional 2.50% cash aid. However, the exporters will have to submit applications for the additional cash assistance within 30 days from the date of issuing the circular. “All the authorised dealers will settle the claim of the additional cash assistance on the basis of the audited certificate to support the application,” said the circular. In another circular, the central bank also enhanced the existing ceiling of cash aid against the frozen shrimp and other fishes. The ceiling of cash incentive for frozen shrimp has been increased to US$4.98 per pound from $3.79 and for other fishes to $1.97 from $1.10, according to the circular. The government has also increased cash incentive for the export of RMG goods and textile products through cargo shipment to 4% from existing 2%, said another BB circular issued on the same day. The exporters, who already received 2% cash incentive during the current financial year, will also get the additional 2% incentive subject to submit applications within 30 days from the issuing date of the circular.
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail