DHAKA, Feb 9, 2017 (BSS)- Deputy Commissioners of Taxes (DCT) at a conference here today promised to build a taxpayer friendly tax administration to create a business and investment sociable environment to ensure quality services and remove fear about tax among the people.
National Board of Revenue (NBR) organized the day-long conference for Deputy Tax Commissioners for the first time at the Officer's Club. Former Governor of Bangladesh Bank and chairperson of the Board of Trustees of East West University Dr Mohammad Farashuddin attended it as chief guest while NBR chairman Md Nijobor Rahman presided over it.
Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) president Abdul Matlub Ahmad and NBR member (tax administration) Md Abdur Razzaque also spoke at the conference. Commissioner Md Alamgir Hossain presented the keynote speech on 'Building of a people friendly modern tax administration: our initiatives'.
In his speech Farashuddin highly appreciated the NBR for its success in collection of revenue and said the volume of tax-revenue was Tk 166 crore and the size of the national budget was Tk 782 crore in 1972. Now the size of the budget is Tk 2.5 lakh crore and NBR collected revenue amounting to Tk 1.55 lakh crore, he added.
"There are four crore families in the country but why we cannot collect tax from 10 percent people of the country, who is responsible for it," he questioned.
Farashuddin advised NBR to create a tax friendly environment administration to encourage people to pay tax. The country is getting developed because the people are paying tax, the government is constructing mega Padma bridge with taxpayers' money, he added.
He said NBR is failing to realize Tk 32, 000 crore due to cases and suggested it to bring dynamism into the activities of Alternative Dispute Resolution (ADR) for realizing the money.
FBCCI president Abdul Matlub Ahmad said different programmes of NBR including its partnership initiatives are encouraging people to pay tax. He assured NBR of extending cooperation for increasing revenue collection. He suggested expanding ADR activities in all 64 districts, strengthening related laws and taking more strong measures against corruption.
Nojibor Rahman said the contribution of tax to the total revenue earnings is 37 percent and Prime Minister Sheikh Hasina asked NBR to increase it to 50 percent by 2020-2021. The NBR has been working to achieve this target, he added.
Declaring March as the month of strengthening ADR, the NBR chairman said though it is a challenge to strengthen the ADR, NBR would continue to work bring dynamism into the activities of ADR.
Source: Bangladesh Sangbad Sangstha (BSS)