The Bangladeshi government has doubled the tax on profits from savings bonds, a popular investment option for the country’s middle class. Previously, profits were subject to a 5% tax; this has now been increased to 10%. Financial analysts predict this change will likely reduce the overall profitability of these bonds, potentially discouraging investment. The government cites increased revenue needs as the primary justification for the tax hike. Critics argue the move disproportionately affects middle-income earners who rely on savings bonds for secure, albeit modest, returns. This decision comes amidst broader economic challenges, including rising inflation and cost of living. The government maintains the increased tax revenue will be allocated to social welfare programs.