NBR chairman: People can proudly contribute to development with Tk2000 tax

National Board of Revenue (NBR) Chairman Abu Hena Md Rahmatul Muneem on Friday said it is a matter of pride for the people who are obliged to take TIN (Taxpayer Identification Number) to be partners of the development (of the country), paying Tk2,000 to the national exchequer.

It should not be thought of as a burden, he said replying to a question in a post-budget press conference arranged by the Finance Ministry in the city's Bangabandhu International Conference Centre, reports UNB.

Abu Hena Md Rahmatul Muneem said the TIN is mandatory for the holders of export and import licenses, other trade licenses and pistol licenses, commission agencies, the house and car owners in city corporation areas and others.

Finance Minister AHM Mustafa Kamal on Thursday unveiled the Tk7,61,785 crore proposed national budget for the 2023–24 fiscal year in parliament.

The minister in his budget speech said: “I propose to make the minimum tax Tk2,000 among competent people who are below taxable income but has obligation to submit income tax return to take service from the government with a view to circulating this participation in government welfare work.”

Finance Minister AHM Mustafa Kamal, Agriculture Minister Muhammad Abdur Razzaque, LGRD and Cooperatives Minister Tazul Islam, Education Minister Dipu Moni, Commerce Minister Tipu Munshi, State Minister for Planning Dr Shamsul Alam and Bangladesh Bank Governor Abdur Rouf Talukder answered a volley of questions related to the proposed budget in the press conference.

Besides, Planning Minister MA Mannan, Industries Minister Nurul Majid Mahmud Humayun, PM's Economic Affairs Adviser Dr Mashiur Rahman, Cabinet Secretary Md Mahbub Hossain and Finance Secretary Fatima Yasmin, among others, were present.