Tax collection
Bangladesh is developing itself through thick and thin although many of us are not satisfied with our pace of growth from 1971 onwards. As we are famous for deficit budgets, we need assistance from international banking giants like WB and IMF. We have seen their suggestions for governing our state which in many cases have stood against our collective interest.
The financial institutions have a bad track-record of destabilizing many economies through political channels. If we want to control our own affairs, the only way will be creation of lots of internal sources of finance. Levying tax is one of the ways of internal financing. Many sectors are not bearing the yolk of taxes. Land owners in the city of Dhaka are out of tax network. Most landowners don't pay any taxes. If tax is levied from these moneyed landowners properly, it will add a huge amount of currency to our public coffer. In order to minimise the gap between the rich and the poor, taxes should be levied more on wealthy individuals. To materialise this, the govt. must expand the function of the tax department to rural areas.
A tax friendly mentality needs to be created in our society. We should boycott tax evaders in all sectors.
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