** Influentials hamper reform process : Economists ** BNP announces march prog on February 11 ** Probe alleged enforced disappearances ** Stolen device worth Tk 47 lakh recovered ** Spy balloon row: High-altitude spying marks new low for US-China ties ** 642 killed in road accidents in January: JKS ** Buriganga River, the lifeline of Dhaka city, suffers from a terrible pollution problem. Every day chemical and household waste, sewage, medical waste, and mountains of plastic continue to pollute Buriganga. Besides, hundreds of plastic recycling factories have been built on both sides of the river. This photo taken on Saturday shows, recycled plastic is being dried in the sun along the banks of the river. Agency photo ** Prisoner dies after being sent to Pabna jail ** FBI searches Biden’s vacation home ** Messi acknowledges Bangladesh's love ** Infection found in 28 districts ** 2 US officials to visit Dhaka this month ** Book Fair sees huge crowd on weekend ** Adani’s $108b crisis shakes investors’ faith in India ** BNP's divisional rallies today ** Shell reports highest profits in 115 years ** Dhaka, Colombo seek greater cooperation through promoting shipping, air connectivity ** People’s sufferings do not move this government ** BERC jacks up LPG price by Tk 266 per 12kg cylinder ** Many motorcyclists chose to ride on the footpaths of Shaheed Tajuddin Ahmed Sarani amid severe traffic congestion in the capital on Thursday, disrupting movement of pedestrians. Agency photo ** A mushroom cultivator plants mushrooms in polythene bags stuffed with sawdust, wheat husk and jute sticks inside a shade made of cogon grass, bamboo in Natore's Jugipara area on Thursday. NN photo ** Export earnings rise by 5.89pc in Jan ** ‘DCs, UNOs run country’ ** Missing B’baria by-polls candidate Asif returns home ** HAAB announces Tk 6.72 lakh private hajj package **

‘Wall between NBR and tax payers should be broken’

27 November 2022

Staff Reporter :
Speakers at a seminar on Saturday said that the wall between the National Board of Revenue (NBR) and the tax payers should be broken to increase tax net.
Underscoring the need for simplifying tax laws and acts, they said, "Paying tax is holy duty of the citizens for the welfare of the state and should build habit of paying tax on regular basis."
They made the observation in the seminar titled "100 years of Income Tax
 Law of Bangladesh - Expectations and Achievements" organized by International Business Forum of Bangladesh (IBFB) at a city hotel on Saturday.
"Paying tax is mandatory for running the state in better ways and we all should come forward in this affair," said Planning Minister M A Mannan, adding the owner of the state is people and the assistance should come from them in solving fiscal-related problems.
He further said a wide range of discussion in reforming outdated tax laws is timely demand and the discussion should not be stopped in taking the state ahead.
If revenue earnings are not increased as expected level, the people's expectations will not come true, the minister said.
"With a view to increasing tax payers, the wall between NBR and the tax payers should be destroyed," he opined.
The minister also said tax exemption practice should be abolished right now for greater interest of the country.
The people have to assist the government through paying tax aiming to ensure life standard as well as to see huge infrastructure development like multi-purpose Padma Bridge, he added.
Legal economist and Adviser to Bangladesh Competition Commission M Siddiqui said that Bangladesh is still practicing injustice in tax affairs as the Tax collection method is yet to be improved.
Increasing tax- GDP ratio is impossible in absence of dynamism in tax law, he added.
Former NBR Chairman Dr Muhammad Abdul Majid said the economy will see no discrimination if prudential tax law is introduced.  IBFB president Humayun Rashid, former Advisor of Caretaker Government A F Hassan Ariff and Chartered Accountant Snehasish Barua, among others, spoke at the event.

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