The Council of Advisers decided that September 15 would be observed as National Income Tax Day every year with the aim to encourage people to pay tax.
In its weekly meeting yesterday at the Chief Adviser's Office with Chief Adviser Dr Fakhruddin Ahmed in the chair, the Council took the decision, as the government believes that such initiative would bridge the gap between taxpayers and tax administration.
The objective to observe a specific day, as National Income Tax Day, is to create a taxpayer-friendly atmosphere by creating awareness among the taxpayers about the process of giving tax and their rights. Top and regular taxpayers at district and national levels will be awarded on the day.
The meeting also approved the ratification proposal of the Cape Town Convention and related Aircraft Protocol. The interests of sellers, financier, purchaser and lessee in the aircraft business have been preserved under the convention.
“The ratification of the convention will create scope for buying aircraft on flexible conditions and at cheaper rates,” the council meeting noted.
The meeting also approved ratification of the agreement, signed between Bangladesh and Switzerland to avoid double taxation.
“Existing economic relations between Bangladesh and Switzerland would hopefully be strengthened with the approval of the agreement,” participants at the meeting said.
The Advisory Council also discussed the draft of the Chartered Secretaries (Amendment) Ordinance 2008 and sent it back for further scrutiny.
Advisers and special assistants to the Chief Adviser attended the meeting. Cabinet secretary and secretaries concerned were also present.