Revenue conference starts tomorrow
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Dhaka, Feb. 4 -- The ratio of tax to gross domestic product (GDP) will be increased once the tax exemptions are gradually reduced, said National Board of Revenue (NBR) official Pradyut Kumar Sarkar.
"Tax exemptions in various sectors have helped the country develop economically and we have gotten good results from this facility in the last two decades," said the NBR official during a press briefing organised on the occasion of the upcoming revenue conference.
"Our GDP is now $470 billion. The government has provided tax exemptions in many sectors, including the agriculture sector, trade sector, and more. The public sacrificed [their hard earned money] due to these exemptions, but for better economic development and industrial developmen...
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