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Bangladesh grants anti-Hasina warriors tax relief like 1971 freedom fighters
Bangladesh grants anti-Hasina warriors tax relief like 1971 freedom fighters

India Today

time4 days ago

  • Business
  • India Today

Bangladesh grants anti-Hasina warriors tax relief like 1971 freedom fighters

The Muhammad Yunus-led interim government of Bangladesh on Monday categorised the wounded protesters who toppled the regime of Prime Minister Sheikh Hasina as 'July Warriors', and offered them a tax-free income of up to 5.25 lakh taka for two years. The tax relief brings them on par with the war-wounded freedom fighters of tax relief came in the first Budget presented by Finance Adviser Salehuddin Ahmed on Monday. This was the first Budget since Hasina was forced into exile in a massive uprising that reportedly saw the deaths of around 1,500 tax relief to the 'July Warriors' came even as the government was under attack from all sides over providing care to the protesters injured and maimed in the crackdown during the July-August protests of last year. The Dhaka Tribune's portal reported that a "new personal income tax category called 'July warriors' has been introduced by the government, offering tax relief on incomes up to Tk5,25,000 for two years beginning in the 2026–27 fiscal year".The report also said that the tax-free income limit for the 1971 war-wounded freedom fighters has been raised from 5 lakh taka to 5.25 lakh brings the July Warriors on par with the wounded freedom fighters of the 1971 Liberation War of February, the Yunus government officially recognised 1,401 individuals as 'July Warriors' for their role in the protests that forced the Awami League regime to step down in August 2024, reported the Dhaka 405 CRORE ALLOCATED FOR JULY PROTEST VICTIMS' FAMILIESadvertisementAn amount of Tk 405.20 crore was also allocated in the budget for the rehabilitation and welfare of the families of those martyred and injured in the July his budget speech, Bangladesh's finance adviser also announced that a policy will soon be introduced to provide financial allowances to the families of those killed or injured in the July this, the Yunus government has set up a "July Mass Uprising Directorate to preserve the movement's legacy and oversee medical treatment and rehabilitation efforts for the wounded and their families", reported the Dhaka-based Business InMust Watch

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