ঢাকা, শনিবার, ১৫ ডিসেম্বর ২০১৮, ১ পৌষ ১৪২৫

'No new venture' in election year

২০১৮ এপ্রিল ১২ ১৮:০০:১৯
'No new venture' in election year

"No new initiative will be taken in the election year", said Finance Minister Abul Maal Abdul Muhith.

In the speech at the 39th meeting of National Advisory Committee of the National Board of Revenue in Sonargaon, he said this as the chief guest.National Board of Revenue (NBR) Chaired by Mosharraf Hossain Bhuiyan, the program was attended by FBCCI President Shafiul Islam Mohiuddin, Executive Director of Bangladesh Investment Promotion Authority (BIDA) Kazi Mohammad. Senior NBR officials and former and current leaders of FBCCI including Aminul Islam. NBR and FBCCI jointly organized the event.The Finance Minister said, 'This year is the election year. New initiatives can not be taken during the election year. The old issue is to work. The implementation of the previous initiatives will be the main objective'.The Finance Minister said, "Now agroprocessing (agrified) industry is doing well. The government is giving more importance to this sector. It will continue in the next budget. Besides, facilities will be provided for import of agricultural machinery. Cash assistance (cash incentive) will be given in direct export''.He said, "NBR has changed a lot in the last 10 years. Now the taxpayers are not being harassed as before. As a result, now the taxpayer has exceeded 30 lakhs''.The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), a leading organization of traders, has demanded to increase the tax-free income limit in the budget of the next fiscal year 2018, and reduce the corporate tax.

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