“DCCI Tax Guide 2023-24” unveiled

Dhaka Chamber of Commerce & Industry (DCCI) this year publishes one of its regular publications “Tax Guide 2023-24”. Member (Taxes Appeal & Exemption) of National Board of Revenue (NBR) Md. Iqbal Hossain unveiled the Tax Guide today on 27 December 2023 at a function at DCCI.

During the occasion, DCCI President Ashraf Ahmed said that DCCI for more than two decades publishes Tax Guide regularly that covers up-to-date information on Income Tax, Customs Duty, Supplementary Duty and Value Added Tax (VAT) along with different schedules, SROs and orders which are helpful to the taxpayers to understand the taxation system of the country. He informed that this year the Tax Guide has been published in line with the recent changes came up in the new Income Tax Act 2023. He further stressed on increasing the tax-GDP ratio in the country to attain the desired development goals. To meet the revenue target he suggested for widening the tax net in the country, full automation of taxation system, easing relevant rules and regulations and taking necessary reform measures. DCCI’s all valid members will get this guide free of cost and the others can buy it from DCCI office.    

Member of NBR Md. Iqbal Hossain thanked DCCI for publishing tax guide at a regular basis to help the tax payers and tax professionals. He also said that Income Tax is a complicated matter and for the sake of mass tax payers of the country the new Income Tax Act 2023 has been formulated in Bengali language to make it more understandable. He also sought cooperation from the business community and tax professionals requesting them to inform NBR if they face any difficulty while using this Act. He also reiterated that NBR is also working relentlessly to bring the taxation system under effective automation system.      

DCCI Senior Vice President Malik Talha Ismail Bari, Vice President Md. Junaed Ibna Ali and members of the Board of DCCI were also present during the unveiling ceremony.