DCCI proposes tax ceiling raise to NBR "> DCCI proposes tax ceiling raise to NBR "> DCCI proposes tax ceiling raise to NBR ">

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DCCI proposes tax ceiling raise to NBR
Online Desk |:| Sun, 17 Apr'2016, 9:50 PM |:| Online Version
DCCI proposes tax ceiling raise to NBR
Dhaka Chamber of Commerce and Industry (DCCI) has proposed raising the ceiling of tax-free income to Tk 3.5 lakh from the existing Tk 2.50 lakh in the national budget for the fiscal year 2016-2017.

The trade body came up with the proposal stating that the living cost is ‘growing and inflation is underway.

The DCCI also proposed raising the tax exemption threshold for women and senior citizens, aged over 65 years, to Tk 4 lakh from the existing Tk 3 lakh.

On the other hand, the capital’s trade body proposed lifting the tax exemption threshold for the physically-challenged people to Tk 4.25 lakh from Tk 3.75 lakh.

DCCI president Hossain Khaled placed the 18-ponit proposal, including income tax proposals, to the National Board of Revenue (NBR) on Sunday.

The DCCI president also attended a pre-budget discussion with the NBR Chairman Md Nojibur Rahman at the latter’s office on the afternoon.

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