Views Bangladesh

Views Bangladesh Logo
author image

Dr Muhammad Abdul Mazid

  • Ex-Secretary
  • Wed, 27 Dec 23
Ex-Secretary to Government, Ex-Chairman of National Board of Revenue and Ex-Member of Planning Commission.
Close all loopholes for tax evaders despite their ability to pay
 tax

Economics

Fri, 13 Sep 24

Close all loopholes for tax evaders despite their ability to pay

At the current stage of our country's economy, achieving revenue targets necessitates the introduction of a "push factor." No matter the cost, there must be a strong effort to elevate revenue collection to the desired level. A significant number of people who are eligible to pay taxes have yet to be included in the tax network. On the other hand, efforts are being made to bring into the tax and customs framework sectors that should be taxed but currently aren't. In both cases, there is a need to move forward with a refined and reformed plan to create or implement a taxpayer-friendly and automated incentive-based system. In other words, for those who are capable of paying taxes but aren't, we must encourage them while simultaneously closing all loopholes that allow tax evasion. Effective measures must be taken to remove any obstacles or complexities that exist in the tax payment and collection processes.

Developing plans for development
Developing plans for development

Smart Bangladesh

Wed, 27 Dec 23

Developing plans for development

Development planning plays a critical and influential role in sustainable development. Just as work originates from thought, the identity of a tree is the result of it, so it can be said that only if there is a combination of goodwill in meaningful development between the objectives and regulations of the plan, the development will be beneficial. If we think in this way, if there is a defect or limitation in the visionary plan of a nation, if there is any deviation due to lack of suitable materials, then the development can be diverted.