BPMCA seeks 15pc income tax waiver

FE REPORT | Wednesday, 25 March 2020

Bangladesh Private Medical Collage Association (BPMCA) has sought waiver of 15 per cent income tax in the upcoming budget for Fiscal Year (FY) 2020-21.
In a pre-budget meeting on Tuesday, the association leaders argued that the private medical collages are non-profit organisations as per the existing policy titled 'Establishing and Operating Private Medical Colleges-2011'.
They said the entire income of the private medical colleges is reinvested or spent on the development of the collages.
The association leaders said these in the pre-budget meeting with
The National Board of Revenue (NBR) organised the meeting at its premises in the capital, presided over by chairman Abu Hena Md Rahmatul Muneem.
A five-member team of the association, led by its president MA Mubin Khan, attended the meeting. Other members of the team are: chairman of Anwar Khan Medical College and Hospital Anwar Hossain Khan, chairman of East-West Medical College Hospital Dr Moazzem Hossain, managing director of Green Life Medical College and Hospital Dr Mainul Islam and chairman of Universal Medical College and Hospital Pritthi Chakrabarti.
Placing the pre-budget proposal, Mr. Mubin Khan also demanded waiver of taxes on imported life-saving drugs and medical equipment used by their organisations.

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