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Rights bodies for tax-free income ceiling at Tk 3,50,000

FE Report | June 14, 2018 00:00:00


Rights agencies urged the government on Wednesday to raise the tax-free income ceiling to Tk 3,50,000 from Tk 250,000 proposed in the 2018-19 fiscal budget.

The government should focus more on widening its tax net instead of enhancing tax rates, they said.

Some 20 civil-society organisations fighting for rights made the proposal at a human chain formed outside the National Press Club.

They pilloried the government for its failure to take action against those involved in irregularities and mismanagement in the country's banking sector.

The rights bodies called for strengthening the central bank to stop irregularities and ensure governance in the troubled financial sector.

M Rezaul Karim Chowdhury of EquityBD said the finance minister reneged on his commitment regarding the establishment of a banking commission.

Md Badrul Alam of Krishak Federation, Jayed Iqbal Khan and Syed Aminul Hoque of COAST Trust, among others, also spoke at the event.

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COMPANY YCP HIGH LOW CLOSE %CHG
ITC 41.1 45.2 40.5 45.2 9.9757%
APEXFOODS 161.7 177.8 163.2 177.8 9.9567%
IBP 33.5 36.8 34.9 36.8 9.8507%
KTL 25.8 28.3 27.2 28.3 9.6899%
VFSTDL 52.2 57.2 53.9 57.1 9.387%
SONALIANSH 468.7 509.7 472.0 509.7 8.7476%
STANDARINS 25.2 27.7 25.3 27.4 8.7302%
REPUBLIC 28.2 30.7 29.0 30.6 8.5106%
ARAMIT 390.6 424.7 391.1 423.6 8.4485%
GEMINISEA 342.4 372.3 343.6 369.7 7.9731%
COMPANY YCP HIGH LOW CLOSE %CHG
MICEMENT 71.5 71.5 65.5 65.5 9.1603%
ARAMIT 424.7 424.7 391.1 391.1 8.5912%
APEXFOODS 177.8 177.8 163.2 164.7 7.9539%
ITC 45.2 45.2 40.5 41.9 7.8759%
SAIHAMTEX 57.9 58.4 53.7 53.7 7.8212%
STANDARINS 27.2 27.7 25.3 25.3 7.5099%
DSHGARME 194.8 194.8 182.0 182.0 7.033%
QUEENSOUTH 46.9 47.9 44.0 44.0 6.5909%
AZIZPIPES 170.3 170.3 157.0 159.9 6.5041%
WATACHEM 563.7 563.7 530.0 530.0 6.3585%
COMPANY YCP HIGH LOW CLOSE %CHG
BBSCABLES 114.0 105.8 100.6 102.6 -10%
IMAMBUTTON 28.3 29.0 25.6 25.7 -9.1873%
SIMTEX 37.8 36.0 33.1 34.4 -8.9947%
BDWELDING 16.8 16.9 15.2 15.3 -8.9286%
ALIF 10.1 9.6 9.1 9.2 -8.9109%
JUTESPINN 131.3 135.0 119.0 120.2 -8.4539%
GPHISPAT 37.9 35.5 34.8 35.0 -7.6517%
AIL 77.4 75.0 71.0 71.8 -7.2351%
HAKKANIPUL 72.1 75.9 66.8 67.5 -6.38%
BEACHHATCH 11.7 11.8 10.7 11.0 -5.9829%
COMPANY YCP HIGH LOW CLOSE %CHG
JUTESPINN 119.4 135.0 119.0 135.0 -11.5556%
IMAMBUTTON 25.7 29.0 25.6 29.0 -11.3793%
MEGCONMILK 23.0 25.7 22.6 25.7 -10.5058%
HAKKANIPUL 67.2 75.9 66.8 75.0 -10.4%
SAVAREFR 101.0 113.5 100.7 112.1 -9.9019%
KOHINOOR 467.0 507.0 459.1 507.0 -7.8895%
BDWELDING 15.7 16.9 15.2 16.9 -7.1006%
BEACHHATCH 10.8 11.8 10.7 11.6 -6.8966%
KAY 171.0 185.4 188.5 QUE 172.8%
SONARGAON 18.2 20.0 18.2 19.5 -6.6667%