125 highest taxpayers to get national tax cards

Sun Online Desk

31st October, 2016 04:09:42 printer

125 highest taxpayers to get national tax cards

The cabinet today approved the draft of "The National Tax Card Policy, 2010 (Amendment)" increasing the number of national tax cards to 125 from existing 20, BSS reports.


"The new policy has proposed to raise the number of national tax cards to 125 from existing 20," Cabinet Secretary Mohammad Shafiul Alam told reporters after the regular weekly meeting of the cabinet today. He said the cards would be provided to highest individual and company taxpayers to establish a 'revenue-friendly culture' at all levels of state.


Prime Minister Sheikh Hasina presided over the meeting held at Bangladesh Secretariat.


Briefing reporters after the meeting, the cabinet secretary said under the existing policy, a total of 20 highest tax payers --10 in individual category and 10 in company category - were so far being awarded the national tax cards every year.


Alam said according to the new decision the highest tax payers at the individual level would get 64, the companies would 50 and the rest 11 would be earmarked for others.


Among the individual category, he said, five senior citizens, five war-wounded freedom fighters, two disabled persons, five women and three young taxpayers would get national taxpayers cards in special class.


The cabinet secretary said in the source of income, five businessmen, five salary recipients, five physicians, three journalists, three lawyers, three engineers, two architects, two accountants, seven new taxpayers, two players, two actors and actresses, two artistes and singers and three others would be awarded the national tax cards.


Under the company category, he said, four banks, four non-banks, one telecom company, three engineering firms, three food and relevant companies, three energy companies, three jute companies, five spinning companies, four pharmaceutical firms, four print and electronic houses, three real estate companies, seven RMG industries, two leather industries and four others would receive the national tax cards.


In other categories, four firms, one local authority and two individual bodies will be awarded the national tax cards, the cabinet secretary said.


Alam said the cabinet, however, gave the authority to the finance minister to raise the number of national tax cards, if necessary, after consultation with the NBR in this regard.