NBR chief unveils ‘DCCI Tax Guide 2021-22’

Dhaka Chamber of Commerce & Industry (DCCI) has published the ‘Tax Guide 2021-22’ at a programme on Sunday.

National Board of Revenue (NBR) Chairman Abu Hena Md Rahmatul Muneem unveiled the guide in the presence of other NBR members at his office.

At the programme, DCCI President Rizwan Rahman said that the tax policy should be simplified so that the general people and the business community feel encouraged to pay taxes.

“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,” he said.

Mr Rahman welcomed the NBR chief for taking the bold initiative to upgrade the age-old tax law with a view to exploring more trade and investment opportunities, says a press release.

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, adding that a business-friendly, simplified and timely tax law will expedite local as well as foreign direct investments.

“As the private sector constitutes 80 per cent of the total GDP, it is necessary to facilitate them with adequate policy support,” he said.

NBR chairman thanked the DCCI for publishing tax guides regularly to help the taxpayers and tax professionals.

“NBR is relentlessly working to ease 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 also said that NBR regularly sits with the trade organisations including DCCI before preparing the budget and always tries to consider recommendations placed from DCCI.

DCCI Senior Vice President N K A Mobin and Vice President Monowar Hossain were also present at the unveiling ceremony.