All Finance

1971's Genocide recognition on UN agenda

Rohingya camps can be a breeding ground for militancy

Budget has been formulated keeping common people in mind: Obaidul Quader

No foreign travel in business class at government expense: Prime Minister's directive

Budget for 2023-24 fiscal year to be passed on June 26

Government to provide incentives for the export of bicycles produced in the country

Dhaka, November 11: In case of export of bicycles and its parts manufactured in its own factory, the manufacturer or exporter will get incentive at the rate of 4 percent on the net FOB (price up to ship). In this case, the rate of local value added for the export of bicycles and their parts should be at least 30 percent. Export incentives and duty draw-backs or duty bonds will not apply simultaneously in this sector.