Govt keeps export incentives same in 43 sectors for FY27

Highlights

• Govt retains export cash incentives for 43 sectors in FY27
• Incentive rates remain unchanged from the previous fiscal year
• RMG, agriculture, jute, textiles, IT, pharma and furniture among key beneficiaries
• Export incentive applications must be audited by cenbank-approved firms

The government has retained export cash incentive rates for 43 sectors in the 2026-27 fiscal year to encourage the country’s export trade, according to a Bangladesh Bank circular issued today (5 July).

The Foreign Exchange Policy Department of the central bank said the incentive rates, unchanged from the previous fiscal year, will apply to goods shipped between 1 July 2026 and 30 June 2027.

Under the revised guidelines, alternative cash assistance for export-oriented domestic textiles has been maintained at 1.5%, while an additional 0.5% special incentive for textile exports to the eurozone will continue.

Small and medium-sized enterprises (SMEs) in the ready-made garment (RMG) sector will continue to receive an additional 3% incentive, while exporters expanding into new products or new markets in the textile sector will be eligible for 2% support. A special cash incentive of 0.3% for the RMG sector has also been retained.

The government has also maintained strong support for agriculture and jute exports. Agricultural and processed agricultural products, as well as potato exports, will continue to receive a 10% incentive. Diversified jute products and leather goods will each receive 10%, while handicraft exports will remain eligible for 6% cash assistance.

Among emerging sectors, software and IT-enabled services (ITES) exports will continue to receive a 6% incentive, while freelancers will be eligible for 2.5% support. Pharmaceutical exports will receive 6%, while active pharmaceutical ingredients (API) exports will qualify for 5% cash assistance.

The incentive rates for ship exports and furniture exports have also been kept unchanged at 6% and 8%, respectively.

Bangladesh Bank said applications for export incentives must be audited by audit firms approved by the central bank. All other conditions and guidelines stipulated in previous circulars regarding the disbursement of export incentives will remain in force.