DCCI President Ashraf Ahmed on Wednesday stressed increasing the tax-GDP ratio in the country to attain the desired development goals.
“To meet the revenue target he suggested for widening the tax net in the country, full automation of taxation system, easing relevant rules and regulations and taking necessary reform measures”, he added. The newly elected President of the Dhaka Chamber of Commerce & Industry (DCCI) was addressing the cover unveiling of DCCI’s regular publications “Tax Guide 2023-24” in a ceremony at DCCI office, Matijheel in the capital.
Member (Taxes Appeal & Exemption) of National Board of Revenue (NBR) Md. Iqbal Hossain and DCCI President unveiled the Tax Guide jointly.
Ashraf Ahmed said that DCCI for more than two decades publishes Tax Guide regularly that covers up-to-date information on Income Tax, Customs Duty, Supplementary Duty and Value Added Tax (VAT) along with different schedules, SROs and orders which are helpful to the tax payers to understand the taxation system of the country.
He informed that this year the Tax Guide has been published in line with the recent changes came up in the new Income Tax Act 2023.
DCCI’s all valid members will get this guide free of cost and the others can buy it from DCCI office.
Member of NBR Md. Iqbal Hossain said that Income Tax is a complicated matter and for the sake of mass tax payers of the country the new Income Tax Act 2023 has been formulated in Bengali language to make it more understandable.
He also sought cooperation from the business communityand tax professionals requesting them to inform NBR if they face any difficulty while using this Act.
He reiterated that NBR is also working relentlessly to bring the taxation system under effective automation system.
DCCI Senior Vice President Malik Talha Ismail Bari, Vice President Md. JunaedIbna Ali and members of the Board of DCCI were also present during the unveiling ceremony.
