Home Today's Paper Most Popular Video Gallery Photo Gallery
Subscription Blog Signin Register
Logo
Tuesday, November 13, 2018 02:01:08 PM
Follow Us On: Facebook Twitter Twitter Twitter Twitter

Commentary

Don`t only talk of tax evasion, talk of corruption, talk of financial disruption

By Editorial Desk
21st-Aug-2016       
Comments
Share your thought
Post a comment »
Read all () »

No matter how disorderly and disadvantageous is the financial situation, the government has no hesitation to issue tough calls. All law-abiding persons want to pay tax and live carefree. Tax evasions will be found mostly among the powerful ones with political connections. It calls for intensifying the efforts of NBR against tax evasion by enhancing operational mode and staff efficiency at large. Most of all the officials must be realistic and not oppressive. We do not say the tax men are inefficient but tax laws are so cumbersome that it is impossible for honest people to pay tax honestly. Besides, paying tax honestly is no guarantee that the law will not be abused to make his life difficult. Honesty in paying tax is no guarantee of peace, corruption is.    As per available data there has, however, been an increase in size of tax - income tax, VAT and rates - inthe recent years in terms of taka figure. But it has not increased in GDP-Tax ratio proportionately. It is just 15.3% while ideally it should be 24 pc plus. That is the real earnings have remained far short of their actual potential. The people pay more in corruption than in taxes. This allegation must be examined, but by whom? The whole way of governing is helpful for the corrupt ones. Without taking into consideration of the fact that corruption is going on  unhindered, and without taking into consideration the financial mess created as a result of bad governance, it is futile and unjust to blame persons for tax evasion. When the government should not accept the blame for not stopping corruption, financial mismanagement, and its failure to govern justly and fairly nothing fair can be expected. Terrorism does not grow for nothing and it is wrong to compare our terrorism with terrorism seen in the Western countries. There terrorism is motivated by crimes some of these countries committed against the Muslims like in Iraq, Afghanistan and Syria. ISIS was born in these countries. We have to examine what is happening within our country. So, unreasonable pressure for tax will be oppressive and not helpful for collecting tax. The government has to accept the responsibility for thousands of crores of taka lost from the banks. It is also questionable how big amounts of money are being spent on big projects, not productive but helpful for corruption.The good management of the country's economy is not possible where corruption in high places goes ignored, where terrorism grows and people are unsafe and insecure and where police power is supreme and the judiciary is under obvious pressure. There is also no accountability about the waste of public funds. It should be remembered the people are asked to pay tax from their hard earned money. The people with black money do not have to pay tax. 

Tariff
Add Rate

News Archive

Inside The New Nation

Football »

New York City forward David Villa (7) movers the ball as Atlanta United defender Miles Robinson (12) defends during the first half of their MLS playoff soccer match in Atlanta on Sunday.


Football »

Ronaldo ends San Siro hoodoo as Juventus beat Milan 2-0


AP, Milan :Cristiano Ronaldo ended his San Siro hoodoo to help Juventus to a 2-0 win after AC Milan forward Gonzalo Higuain missed a penalty against his former team on Sunday.Higuain left Juventus in the offseason following the signing of Ronaldo and he had a nightmare game as he was ...

Editorial »

No development yet in city's road traffic management


THE directives to ensure discipline in traffic system issued by higher authorities have failed to bring any result. The traffic rule violation is still rampant. Almost all directives addressing owners and workers of city service buses and human haulers, pedestrians and drivers went unheeded. If the traffic management system returns ...

International »

California wildfires: Death toll reaches grim milestone


The death toll in wildfires sweeping California has risen to 31, with more than 200 people still unaccounted for, officials have said.Six more people were confirmed killed in the Camp Fire in the north of the state, taking the toll there to 29.That fire now equals the deadliest on record ...

City »

Prime Minister Sheikh Hasina receiving ASOCIO 2018 Digital Government Award from Post, Telecommunication and Information Technology Minister Mostofa Zabbar at the cabinet meeting on Monday.


Entertainment »

Mamo, Puja share big screen for first time


Sheikh Arif Bulbon :It was earlier fixed that Raihan Rafi directed and Jaaz Multimedia produced movie Dohon was scheduled to release on November 16. Later releasing date was changed to November 30. Owner of Jaaz Abdul Aziz confirmed the matter yesterday. Main theme of the story was given by him ...

Entertainment »

Sonakshi Sinha has only special appearance in Mission Mangal?


Actor Akshya Kumar recently announced the entire cast of India’s first space film Mission Mangal. The film is set to go on floors next month and will be helmed by Jagan Shakti. Besides Akshay as the main lead, Mission Mangal has an impeccable leading cast that includes names like Vidya ...

Football »

Iran women attend Asian Football final in rare `victory`


Hundreds of Iranian women attended a crunch football match in Tehran, in a rare step seen Sunday as a "victory" by local newspapers and hailed by FIFA as an "historic and festive day" for the sport.About a thousand women were allowed into Azadi Stadium late Saturday to watch Iranian giant ...

Editorial »

Bring the criminals to book and ensure their harsher punishment


ANOTHER woman was killed in a running bus on Friday night. This time her father was also pushed off the vehicle on Dhaka-Tangail highway in Savar. The incident may remind one of the rape and murder of law student Rupa Khatun inside a running bus in Tangail over a year ...

International »

Change tack or face defeat, Brexit critics tell British PM May


Reuters, London  :Prime Minister Theresa May was under growing pressure on Sunday to change her plan for Britain to leave the European Union to avoid defeat in a parliamentary vote.With both Britain and the EU suggesting an agreement is close, eurosceptic lawmakers and a leading member of a small Northern ...

City »

Prime Minister Sheikh Hasina chaired a meeting of Awami League (AL) Parliamentary Nomination Board as the party president at the AL's Central Office at Bangabandhu Avenue yesterday afternoon.


Entertainment »

Pori Moni to star as a journalist in upcoming crime thriller


Entertainment Desk :One of the top actresses of the country Pori Moni will be featured in Gias Uddin Selim's new web series titled, 'Preeti.' The Dhallywood star will be seen playing a role of investigative journalist in this upcoming crime thriller. In 'Preeti,' Pori Moni will unveil the crime world and ...

Business & Economy »

20 years is the timeline to replace greed-driven society: Prof Yunus


UNB , Wolfsburg, Germany :Nobel laureate professor Muhammad Yunus has set a 20-year timeline to build a new civilisation alongside replacing the "greed-driven" society which will help remove enormous amount of "frustration and gloom"."Twenty years, that's the timeline. It's possible," he said urging all to start the countdown to that ...

International »

Sri Lanka crisis deepens as President calls snap election


AFP, Colombo :Sri Lanka plunged deeper into crisis Saturday after President Maithripala Sirisena called a snap election, leaving the country facing a further two months of damaging political paralysis with a pair of bitter rivals claiming to run his government.In what opponents condemned as an illegal move, Sirisena dissolved parliament ...

Football »

Members of Bangladesh Olympic Women`s Football team during their practice session at Yangon in Myanmar on Saturday. Bangladesh will face their counterpart India today in their Asian Qualifiers of the Women's Olympic Football Tournament.


 
Items that you save may be read at any time on your computer, iPad, iPhone or Android devices.
 
Are you new to our website? Do you have already an account at our website?
Create An Account Log in here
Email this news to a friend or like someone
Email:
Write a comment to this news