BGMEA also requested to review the source tax and VAT in the national budget 2018 for the apparel industry. They expressed their demands of corporate tax cut at a press conference on the proposed Budget of the financial year 2018-19 held at BGMEA headquarters, in Dhaka on June 9. On the proposed Budget of FY 2018-19 at BGMEA headquarters in Dhaka on June 9. BGMEA President Md. Siddiqur Rahman said, “According to the national Budget 18 tabled by Finance Minister AMA Muhith on June 7, corporate tax for RMG units will be hiked to 15 per cent.” The corporate tax for the non-listed garment companies is increasing to 15 per cent from the existing 12 per cent. Listed companies will have to pay 12.5 per cent, a 0.5 per cent increase.