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Monday, April 4, 2016, Chaitra 21, 1422 BS, Jamadius Sani 25, 1437 Hijri

Govt planning to establish revenue offices at upzilas
Published :Monday, 4 April, 2016,  Time : 12:00 AM  View Count : 20

The government is planning establishment of revenue offices at all upzillas to facilitate people the opportunities of paying taxes without facing much hassles and increase mobilisation of internal resources.
"The next budget will have a programme for establishing tax offices at 495 upzillas", Finance Minister Abul Maal Abdul Muhith told a pre-budget discussion with Economic Reporters' Forum (ERF), held at his secretariat office on Sunday. The minister said under the programme the tax offices would be set up at all the upzillas within a timeframe to be specified at the next budget.
Underlining the need for expediting revenue income, Muhith said the coming budget would also have some particular measures to help increase revenue income and offer people much easier ways of paying taxes.
For instance, he said the use of ECR (electronic cash register) would be made mandatory to protect the rights of the consumers and at the same time facilitating businesses calculate and pay VAT (value added tax) without going through cumbersome manual calculation process. He, however, pointed out that the VAT would not be included to the selling prices of goods and services because it would diminish the consumers' responsibilities of tax payment.    ?BSS

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