Supporting the government’s proposal of minimum tax of Tk 2,000 for TIN holders, National Board of Revenue (NBR) chairman Abu Hena Md Rahmatul Munim said, “I would request you to find out who has TIN (Tax Identification Number). TIN is mandatory for import companies, it is needed in various cases including car purchase. TIN is not mandatory for poor people. So I think it is a matter of proud for them (TIN holders) to participate in the development by paying Tk 2,000 tax to the government’s treasury.”
He made the remarks at a post-budget press conference at Bangabandhu International Convention Centre in the capital on Friday.
However, Centre for Policy Dialogue (CPD) in a press briefing government to withdraw the proposal of the minimum income tax.
“On the one hand, the government has proposed to increase the tax-free income limit to relieve the common people from the pressure of inflation, but on the other hand they (government) proposed minimum income tax of Tk 2,000. Those who do not have taxable income will also come under this tax. This proposal is neither logical nor moral,” said CPD
On Thursday, Finance Minister AHM Mustafa Kamal proposed a minimum income tax of Taka 2,000 for individuals who are required to submit income tax returns to avail various government services even if they do not have taxable incomes.
GY
