Poultry Group Calls for 50% Tax Reduction in 2026–27 Budget

The Bangladesh Poultry Industries Association has asked the government to reduce taxes on the poultry sector by 50 percent in the proposed 2026–27 national budget.

In a proposal submitted to the National Board of Revenue, the association said production costs in the sector have nearly doubled over the past five years, increasing pressure on farmers and forcing some to shut down operations.

The association’s president, Mosharaf Hossain Chowdhury, said corporate tax has increased from 15 percent to 27.5 percent, advance income tax from 1 percent to 5 percent, and turnover tax from 0.6 percent to 1 percent in the current fiscal year.

He said the higher tax rates have raised the cost of poultry feed and other inputs, and called for a 50 percent reduction in taxes and duties to support small and medium-scale farmers and sustain the industry.

Chowdhury also called for the removal of middlemen and extortion across the supply chain, as well as electricity subsidies, easier access to credit, and inclusion of poultry farmers in government support programmes.

The association’s secretary general, Md Safir Rahman, said a lack of incentives in the next budget could reduce investor interest and slow the entry of new entrepreneurs into the sector.