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I Govt to give incentives to top taxpayers in each dist

Staff Correspondent
The government will award the top five taxpayers of every district of the country a special card that will enable them to get priority in avail; ingstate facilities.
The National Board of Revenue (NBR) Chairman Mohammad Abdul Majid also said yesterday that the government is considering awarding a taxpayer identity card to regular taxpayers.
Majid said this while talking about incentives offered by the government at a views exchange meeting with taxpayers in the city.
The meeting was organised by the Income Tax Zone -5, Dhaka on occasion of a voluntary tax return submission programme at the Institute of Diploma Engineers.
"Acquiring financial self-reliance through an increase in revenue collection is our topmost priority. This goal can be achieved by extending tax bases and though participation of all," the NBR Chairman said during his speech as chief guest at the event.
A total of 566 new taxpayers of Tax Zone -5, Dhaka handed over their returns to the NBR Chairman. Another 511 possible taxpayers submitted applications for the Taxpayer Identification Number (TIN) at the programme.
The government's treasury acquired around Tk 2.87 million through these submissions.
It was the second such event in the capital city where taxpayers have voluntarily submitted tneir tax returns. The first such event was organised by the Tax Zone -6,Dhaka at Elephant Road on March 27.
At that event 181 voluntary taxpayers submitted a total ofTk 54 lakn and another 443 businessmen applied forTIN numbers.
The NBR chairman pointed out that in its 37 years, Bangladesh has received a total of USS 5,000 crore in foreign aid and 52 per cent of that amount was given as a loan. He said the country now pays over Tk 4,000 crore annually to repay this Ioan.
Majid pointed out at present, that 72 per cent of national budget is managed with internal resources and the remaining 28 per cent through local and foreign loans.
The country will become self-reliant only when it is able to collect enough revenue to manage 100 per cent of the national budget, he said.
Kalipad Halder, commissioner of Income Tax Area-5, presided over the meeting.