BSS-18 Salman for changing mindset on tax paying

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ZCZC

BSS-18

SALMAN-DCCI

Salman for changing mindset on tax paying

DHAKA, Feb 25, 2021 (BSS) – Prime Minister’s Private Industry and Investment Adviser Salman F Rahman today underscored the need for changing the mindset about paying taxes to increase tax-GDP ratio for inclusive development.

“For an inclusive development, the country’s revenue generation is more important. In this regard, it is essential to change the mindset – we have to pay tax and we have to build the nation,” he said.

Salman said this while meeting with Dhaka Chamber of Commerce and Industry (DCCI) President Rizwan Rahman and members of DCCI board of directors in the city, said a press release.

He said that the tax-GDP ratio in Bangladesh is relatively low in the South Asian region and the country needs to increase it.

“In the last fiscal, NBR could bring 55 thousand new tax payers in the net but still we have to widen the tax net more. The government is also working to upgrade and modernize the overall revenue structure in the country,” he mentioned.

Third terminal at the Shahjalal International Airport is being constructed and the government has also a plan to upgrade the Cox’s Bazar Airport to develop it as an international standard airport in the country soon, he said.

Rizwan Rahman said that in the post- LDC era, to get the GSP plus facility for exporting to EU market, Bangladesh has to fulfill 27 conventions.

He proposed to form a ‘National Strategy Committee’ engaging all stakeholders and map the preparedness roles and time-bound actions for all relevant agencies.

He also suggested an effective introduction of integrated OSS with skilled human resources from all relevant service delivery agencies to make the investors feel that business process is easy and simple.

Moreover, he said, OSS of BIDA needs coordination with all service agencies and inter-operability with OSS of BEZA, National Single Window and Bangladesh Hi-Tech Park Authority.

BSS/PR/KUC/GA/1716 hrs