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In order to encourage the members of the chamber, DCCI regularly publishes Tax Guide and distributes it to its all members free of cost National Board of Revenue (NBR) Chairman Abu Hena Md Rahmatul Muneem on Sunday (12 December) unveiled Dhaka Chamber of Commerce and Industry’s (DCCI) “Tax Guide 2021-22” at his office. Members of NBR were also present during the unveiling ceremony, said a press release. During the occasion, DCCI President Rizwan Rahman said that the tax policy should be simplified and easy so that mass people and business community can be encouraged to pay tax.
“DCCI is happy to work with the NBR hand in hand to create a tax-friendly environment in the country and this effort will be continued in future,” Rizwan Rahman said. He also welcomed the NBR chief for taking a bold initiative of upgrading the age-old Tax Law with a view to explore more trade and investment opportunities. He hoped that the upcoming new tax law will soon come into effect and will help create a better business-friendly environment in the country both for local and foreign investors.
“A business-friendly, simplified and timely tax law will expedite local as well as foreign direct investment. The private sector contributes 80% of the total GDP and to strengthen the private sector, it is necessary to facilitate them with adequate policy support,” the DCCI president added.NBR Chairman Abu Hena Md Rahmatul Muneem thanked DCCI for publishing tax guides on a regular basis to help the taxpayers and tax professionals. He said that NBR is relentlessly working to ease the overall taxation system, tax structure, ensure business-friendly tax eco-system, ensuring quality service and tax automation.
“The more the tax structure will be user friendly, the more people will be encouraged to pay tax,” he said. He also said that NBR regularly sits with the trade organizations including Dhaka Chamber before preparing budget and NBR always tried to consider recommendations placed from DCCI, and added that a few working committees on technical, research, and business aspects may be formed comprising with the representatives from concerned stakeholders and NBR for the overall development of revenue structure.
Moreover, he underscored the importance of capacity development of NBR, and for that he said that NBR needs more skilled manpower to meet the growing demand of rapid economic development. In order to encourage the members of the chamber, DCCI regularly publishes Tax Guide and distributes it to its all members free of cost, the press release added.DCCI Senior Vice President N K A Mobin, FCS, FCA, and Vice President Monowar Hossain were also present during the unveiling ceremony.
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