FBCCI demands end to harassment by tax officials

Published: June 27, 2019 17:04:04 | Updated: June 29, 2019 11:48:38

UNB photo

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) urged the government to take steps to end harassment of businesses by tax officials.

"The tax officials at field level harass businesses in various ways. Prime Minister Sheikh Hasina announced zero tolerance against corruption. You (tax officials) should issue notices to us (FBCCI and concerned chambers) before taking final steps against businesses," said FBCCI president Sheikh Fazle Fahim on Thursday.

The FBCCI president said this at a discussion on the proposed national budget and finance bill 2019-2020 held at a hotel in the capital.

Commerce Minister Tipu Munshi, Principal Coordinator (SDG Affairs to Prime Minister's Office Md Abul Kalam Azad, among others, were present, reports UNB.

Fahim also proposed withdrawal of advanced tax (AT) from raw materials of industries and machineries.

The FBCCI president further proposed reduction of 2.5 per cent corporate tax and cancellation of whole 15 per cent tax on stock dividend.

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