Income tax
S.M.A. Razzaque, Mirpur, Dhaka
We, the common people, are very much confused and concerned about the tax department's ultimatum of paying the tax on undeclared money by end July 2007.Most people do not know what amounts ( percentage) are to be paid on the principal taxable amount. Many people had small deposits and now that amount could be taxable and if the amount of tax to be paid is very high, they will rather spend the money instead of paying the tax. I think the income tax department should extend the date of tax payment and the process should be explained fully through the print and electronic media.
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