Tuesday 18 December 2018 ,
Tuesday 18 December 2018 ,
Latest News
  • AL makes 21 special pledges in election manifesto
  • AL to introduce 5G services, reduce cost of internet, cell-phone use
  • HC confirms Khaleda's ineligibility to contest polls
  • BNP manifesto promises scrapping black laws, higher GDP growth
  • Quader hopes AL to win next polls again
  • US hopes polls to be credible
18 February, 2018 00:00 00 AM
Print

NBR to go tough against tax dodging foreign workers

BSS

In a bid to bring all foreign workers under tax net the National Board of Revenue (NBR) has planned to go tough against foreign nationals who are working here for a long

but not paying income tax, reports BSS.

The NBR has already sent letters to its all tax zones seeking list of establishments where foreign nationals have been working. The NBR taskforce will carry out sudden operations in those establishments to catch foreigners dodging income tax, said NBR first secretary (Tax legal and enforcement) Abul

Kalam Azad.

Talking to the news agency, he said migrant Bangladeshis have to pay income tax before joining jobs but it is just opposite here in Bangladesh as many foreigners are working here without pay income tax properly. So, steps have been taken to bring those foreign workers under tax net, he added.

"We've already conducted operations in five establishments and indentified 15 foreigners who are not paying income tax," said Azad.

He said a fresh move has been taken to develop data base of foreign nationals working in Bangladesh. A committee headed by a commissioner has started working in full swing in this regard, he said, adding that a Memorandum of Understanding (MoU) will be signed soon with the special branch of police to get information about foreigners.

"I am hopeful about completing such database within the next six months," said Azad.

To realize income tax from foreign workers properly a taskforce was formed in 2016 comprising representatives from Bangladesh Investment Development Board (BIDA), Special Branch of Police, DGFI, NSI, Bangladesh Bank, home ministry, BEPZA, directorate of passport, NGO Bureau and FBCCI.

Later, the taskforce was divided into two parts for Dhaka region and Chittagong region.

At present, there is no exact statistics with any government bodies about the number of foreign nationals working in Bangladesh. Around 11,000 foreigners submit tax returns to tax zone-11 of the NBR, which do not match with the money they remit from Bangladesh, said the NBR. For example, the official said remittances worth around $4 billion are sent to India from Bangladesh every year, the NBR official said.

Azad said the names of foreign workers, passport numbers, addresses of their workplaces, permanent addresses of living, nature of jobs, information about salaries-allowances and payment of income tax will be included in the database.

 

Comments

Poll
Today's Question »
The Left Democratic Alliance has said suitable environment for electioneering is yet to be created in the country. Do you agree?
 Yes
 No
 No Comment
Yes 36.2%
No 62.3%
No Comment 1.4%
Most Viewed
Digital Edition
Archive
SunMonTueWedThuFri Sat
01
02030405060708
09101112131415
16171819202122
23242526272829
3031

Copyright © All right reserved.

Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Disclaimer & Privacy Policy
....................................................
About Us
....................................................
Contact Us
....................................................
Advertisement
....................................................
Subscription

Powered by : Frog Hosting