Re-fix tax-free income up to Tk 2.5 lakh

CITA leaders urge govt
Staff Correspondent, Ctg
Leaders of Chittagong Income Tax Lawyers Association (CITA) urged the government to re-fix tax-free income limit up to Tk 2.5 lakh instead of Tk 1.8 lakh proposed in the budget. They demanded it at a press conference organised by the association at Chittagong Press Club yesterday. They said as per the government records there are 25-30 lakh tax payers in the country but the figure should be above two crore. People lose their interest to be enlisted as taxpayers due to complication in taxation process. They said to encourage paying taxes there must have initiatives from the government but it is not seen in the proposed budget. The speakers said the process of paying tax should be eased and there must be resemblance between imposing of tax and collection of tax. Terming the budget ambitious, unrealistic and traditional, they said it will not bring any welfare for the nation. Advocates AH Khan, Mamtaz Uddin, Shah Alam, Abdul Wadud, Kazi Mohsin Chowdhury, Salauddin Chowdhury, Akhter Uddin, Ehteshamul Alam and Mostafa Kamal Mosur were present among others.