Assets such as land, houses, flats, buildings, and shares are more than figures on a form

Tax Commissioner Ikhtiar Uddin is heading the seven-member task force

Micro-finance institutions (MFIs) will have to pay taxes equal to the tax rate of companies if they do not keep the income from service charges of micro-credit operations in a revolving fund, according to the changes in the income tax law passed yesterday by parliament.

The foreign investors' concerns came as the National Board of Revenue wants to slap a 5 per cent tax on gross receipts or turnover of carbonated beverage makers from the next fiscal year from 0.6 per cent now.