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GP highest taxpayer in telecom sector for 8th straight year

Since its inception, Grameenphone has paid Tk115,600 crore to the national exchequer, equating to 60% of its total revenues

Update : 20 Dec 2023, 11:30 PM

Grameenphone (GP) has once again been recognized with the Highest Taxpayer Award in the country’s Telecom Sector for Assessment Year (AY) 2022-23.

This is the eighth consecutive recognition for Grameenphone since AY 2015-16, reflecting the smart network provider’s commitment to corporate social responsibility and its significant contribution to the growth and development of the nation.

Since its inception, Grameenphone has paid Tk115,600 crore to the national exchequer, equating to 60% of its total revenues, in the form of taxes, VAT, duties, fees, license, and spectrum assignment fees, etc. till September 30.

Md. Arif Uddin, acting chief financial officer and chief risk officer, Grameenphone, received the prestigious tax card at a ceremony on Wednesday at the Bangabandhu International Conference Center, Dhaka.

Finance Division Secretary Dr Md Khairuzzaman Mozumder joined as the special guest; and Abu Hena Md. Rahmatul Muneem, chairman of National Board of Revenue (NBR) and Senior Secretary, Internal Resources Division (IRD), Ministry of Finance, joined as the president.

On behalf of Grameenphone,   Md. Rezwan Bin Rafique, head of taxation & fiscal compliance, and Md Mohsin, general manager, corporate tax of Grameenphone were also present at the event.

“Grameenphone is humbled that its consistent contribution to the national exchequer has been recognized for the eighth consecutive year. This is a testimony to our commitment to upholding robust governance and responsible business practices. We understand the vital role tax revenues play in fueling the progress of a nation, which ultimately empowers communities and helps unleash the full potential of Bangladesh,” said Md. Arif Uddin, acting CFO and CRO of Grameenphone.

Grameenphone was earlier honored as the highest taxpayer by the National Board of Revenue for successive seven years for AY2015-16, 2016-17, 2017-18, 2018-19, 2019-20, 2020-21, and 2021-22 in the telecommunication category.

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