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Bank owners meet CA today to seek tax rebates

Monday, 23 June 2008


Bangladesh Association of Banks (BAB) would urge the government to provide tax rebates to the banking companies, including reduction of corporate income tax from 45 per cent to 40 per cent, reports UNB.

They would raise the issue as well as other concerns the private commercial banks are facing currently as they are scheduled to meet Chief Adviser Dr Fakhruddin Ahmed today (Monday).

The BAB is also scheduled to meet Securities and Exchange Commission (SEC) chairman Faruq Ahmad Siddiqi and Finance Adviser Dr Mirza Azizul Islam on Tuesday and Wednesday respectively.

The executive committee of the association of private bank directors discussed the issues of their concerns at a meeting at the BAB office Sunday evening, meeting sources said.4