• Thursday, Oct 18, 2018
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NBR chief: E-TIN must to get loans

  • Published at 12:03 am January 4th, 2017
NBR chief: E-TIN must to get loans
“It’s a must for a person to have an e-TIN to get loan worth over Tk5 lakh, excepting the microcredit loan seekers,’’  said NBR boss at a dialogue on ‘consumer rights and revenue’ held at NBR headquarters in the city yesterday. Nojibur Rhamn also told the dialogue that a total of 26.30 lakh e-TINs have already been registered against the target of 25 lakh this year. As small loan seekers often face difficulties in getting loans, Mohammad Ahmed Ali, general manager of Bangladesh Bank, urged the NBR Chairman to make the e-TIN flexible for them. The international development partners are supposed to help in paying taxes and revenue but unfortunately some of them were avoiding taxes. In this regard, NBR boss assured all of taking punitive action against those development organisations and NGOs through proper investigation. To make the NBR a people-friendly, business-friendly and revenue-friendly organization, the chairman further said: “The ‘New NBR’ is working extremely to build the government institution as ‘oxygen of development’. However, it’s not possible for the NBR to achieve its target alone and we need cooperation from all.” The President of Consumers Association of Bangladesh (CAB) Golam Rahman alleged that some business companies take tax/VAT from consumers but do not transfer it to government exchequer. CAB President also urged the government not to impose VAT and taxes on the daily commodities for the sake of avoiding people’s suffering. “It is a must to digitalise the NBR first to provide services to the taxpayers”, observed Bangladesh Association of Software and Information Services (BASIS) President Mustafa Jabbar. He also urged the NBR to use bangla software and to digitalise all the business of the country. The dialogue was attended, among others, by Md Abdul Hai, registrar of Joint Stock Companies and Firms (RJSC), Dr Md Shahadat Hossain, director of national consumer right and conservation division, Md Azizur Rahman, director of Intellectual Property Association of Bangladesh and other officials of NBR. During the programme, three TV commercial were shown in favour of promoting taxpaying.