We finish the week with a short post about Income tax,
fitting since it started off with taxes as well, although on the wrong side of the
public agenda.
The annual national income tax fair is being held in Officer’s
club in Bailey road, Dhaka and also at Agrabad in Chittagong, aiming for
rasiing awareness and motivating people for paying tax and widening the tax
net. Of 16 crore people, only 17 lakh Tax identification Number (TIN) is
present, from which even only 12 lakh filed tax returns last year. This was
admittedly short of the goals of bringing 50% of public revenues through income
tax by 2022.
