320 tax payers to be honoured Sept 14
FE Report | Sunday, 31 August 2008
The National Board of Revenue (NBR) has selected 320 of the highest and longest period tax payers from 64 districts of the country to give them awards for their contribution to the national exchequer, its chairman said on Saturday.
He said chief of the caretaker government Dr. Fakhruddin Ahmed will hand over certificates to the highest and longest period taxpayers at a ceremony on September 14 in the city's China-Bangladesh Friendship Centre.
"We will honour the taxpayers on September 14 in recognition of their contribution to the country's economy," NBR chairman Md Abdul Mazid said.
Mr Mazid disclosed this at a meeting in Srinagar upazila under Munshigonj district on
Saturday organised by tax region-7 of NBR while handing over certificates to 514 self motivated new taxpayers.
Professor Abdullah Abu Syed of Biswa Shahitya Kendra, Begum Parsa Begum, member, Md Abdul Malek, additional tax commissioner of NBR and local businessman Bijoy Chakravarty, on behalf of self-motivated taxpayers, among others, spoke on the occasion with commissioner of tax region-7 Ziauddin Mahmud in the chair.
The NBR chairman, however, reiterated the board's plan not to question the income statements that would be submitted by self-motivated taxpayers for three years unless there is any specific allegation.
There are around 15 million people in the country who are eligible to pay taxes, he said and added around 10 million of them are now in a position to start paying taxes.
"We have now around 2.2 million TIN (Tax Identification Number) holders. Of them, we receive taxes from 650,000 people."
The NBR chief said there is no other option but to boost earnings from internal sources in order to lower the dependency of the country on foreign aid. Each and every person of the country even a new born baby has to bear the burden of foreign loans worth Tk 12,598 per head.
He said at least Tk 140 billion (Tk14,000 crore) of the country's fiscal budget for the current year will go on repayment of interest on foreign loan.
Of the total budget for the current fiscal worth around one trillion taka, he said there is a deficit of Tk 300 billion (30,000 crore).
"Our purpose is to boost the earning from within the country's internal sources to expedite development works," NBR chief said.
Bangladesh government's earnings from internal sources stood at Tk 472 billion (Tk47, 200 crore) in the last fiscal, which was Tk 372 billion (Tk37, 219 crore) in the fiscal year 2006-07.
He said chief of the caretaker government Dr. Fakhruddin Ahmed will hand over certificates to the highest and longest period taxpayers at a ceremony on September 14 in the city's China-Bangladesh Friendship Centre.
"We will honour the taxpayers on September 14 in recognition of their contribution to the country's economy," NBR chairman Md Abdul Mazid said.
Mr Mazid disclosed this at a meeting in Srinagar upazila under Munshigonj district on
Saturday organised by tax region-7 of NBR while handing over certificates to 514 self motivated new taxpayers.
Professor Abdullah Abu Syed of Biswa Shahitya Kendra, Begum Parsa Begum, member, Md Abdul Malek, additional tax commissioner of NBR and local businessman Bijoy Chakravarty, on behalf of self-motivated taxpayers, among others, spoke on the occasion with commissioner of tax region-7 Ziauddin Mahmud in the chair.
The NBR chairman, however, reiterated the board's plan not to question the income statements that would be submitted by self-motivated taxpayers for three years unless there is any specific allegation.
There are around 15 million people in the country who are eligible to pay taxes, he said and added around 10 million of them are now in a position to start paying taxes.
"We have now around 2.2 million TIN (Tax Identification Number) holders. Of them, we receive taxes from 650,000 people."
The NBR chief said there is no other option but to boost earnings from internal sources in order to lower the dependency of the country on foreign aid. Each and every person of the country even a new born baby has to bear the burden of foreign loans worth Tk 12,598 per head.
He said at least Tk 140 billion (Tk14,000 crore) of the country's fiscal budget for the current year will go on repayment of interest on foreign loan.
Of the total budget for the current fiscal worth around one trillion taka, he said there is a deficit of Tk 300 billion (30,000 crore).
"Our purpose is to boost the earning from within the country's internal sources to expedite development works," NBR chief said.
Bangladesh government's earnings from internal sources stood at Tk 472 billion (Tk47, 200 crore) in the last fiscal, which was Tk 372 billion (Tk37, 219 crore) in the fiscal year 2006-07.