Mirza Aziz urges next govt to continue reforms in NBR
Thursday, 25 December 2008
FE Report
Finance Adviser Mirza Azizul Islam has urged the government to be elected on December 29 to continue the reform activities in the National Board of Revenue (NBR) for ensuring a hassle-free tax payment environment.
"Our country is still largely dependent on foreign assistance due to insufficient internal resources. It is imperative to increase tax-GDP ratio to make the country self-reliant," he said.
The caretaker government in the last two years carried out a number of reforms in the NBR to simplify tax collection measures and increase tax base.
The finance adviser was speaking in a programme on best tax and VAT payers award giving ceremony at Osmani Sriti Milonayoton in the city Wednesday.
NBR Chairman Muhammad Abdul Mazid said: "We should focus on increasing collection of direct and indirect taxes. Reform should be continued for ensuring a tax-payers-friendly environment."
A total of 30 top taxpayers of six divisional cities received the award for payment of highest tax and for longest period.
The NBR also gave award to five companies that paid highest amounts of VAT in 2007-08 tax year. The top VAT payers are Kailastila gas field (production), Bakhrabad gas field, BRAC Bank, Kollol Limited and Uttara Motors. Those companies had paid highest amounts of VAT at the national level.
Abul Hossain Chowdhury from Dhaka city, Asit Kumar Shaha of Chittagong, Mainul Islam of Rajshahi, Abdul Hamid Sarker of Khulna, Md Jamil Iqbal of Sylhet and Matiar Rahman of Barisal received the award as top taxpayers in their respective cities.
The NBR has selected five taxpayers from each city corporation area to give the honour. From each division, the NBR has selected two taxpayers who have been paying tax for long and three taxpayers on the basis of highest tax payment.
Finance Adviser Mirza Azizul Islam has urged the government to be elected on December 29 to continue the reform activities in the National Board of Revenue (NBR) for ensuring a hassle-free tax payment environment.
"Our country is still largely dependent on foreign assistance due to insufficient internal resources. It is imperative to increase tax-GDP ratio to make the country self-reliant," he said.
The caretaker government in the last two years carried out a number of reforms in the NBR to simplify tax collection measures and increase tax base.
The finance adviser was speaking in a programme on best tax and VAT payers award giving ceremony at Osmani Sriti Milonayoton in the city Wednesday.
NBR Chairman Muhammad Abdul Mazid said: "We should focus on increasing collection of direct and indirect taxes. Reform should be continued for ensuring a tax-payers-friendly environment."
A total of 30 top taxpayers of six divisional cities received the award for payment of highest tax and for longest period.
The NBR also gave award to five companies that paid highest amounts of VAT in 2007-08 tax year. The top VAT payers are Kailastila gas field (production), Bakhrabad gas field, BRAC Bank, Kollol Limited and Uttara Motors. Those companies had paid highest amounts of VAT at the national level.
Abul Hossain Chowdhury from Dhaka city, Asit Kumar Shaha of Chittagong, Mainul Islam of Rajshahi, Abdul Hamid Sarker of Khulna, Md Jamil Iqbal of Sylhet and Matiar Rahman of Barisal received the award as top taxpayers in their respective cities.
The NBR has selected five taxpayers from each city corporation area to give the honour. From each division, the NBR has selected two taxpayers who have been paying tax for long and three taxpayers on the basis of highest tax payment.