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Like to leave business if tax anomalies not removed: Syed Nasim Manzur Sun Online Desk 19th April, 2021 01:03:27 The entrepreneurs of Bangladesh are exposed to a hostile taxation system which is detrimental for expansion of local and foreign investments, said Apex Footwear Ltd Managing Director Syed Nasim Manzur. Investors are facing stepmother behaviour from the authorities concerned, he said, adding “Although an industrialist counts loss, he/she will not be exempted from the tax as per current system.” He made the views while addressing a webinar organised by Economic Reporters’ Foru...

Syed Nasim Manzur The entrepreneurs of Bangladesh are exposed to a hostile taxation system which is detrimental for expansion of local and foreign investments, said Apex Footwear Ltd Managing Director Syed Nasim Manzur. Investors are facing stepmother behaviour from the authorities concerned, he said, adding “Although an industrialist counts loss, he/she will not be exempted from the tax as per current system.” He made the views while addressing a webinar organised by Economic Reporters’ Forum (ERF) on Saturday.  “Taxation system of Bangladesh is not business-friendly at all. So, bus...

Will leave business if tax anomalies not removed: Syed Nasim Manzur He criticises ‘hostile’ taxation system Staff Correspondent 19th April, 2021 09:05:16 Country’s entrepreneurs are subjected to a ‘hostile’ taxation system which is detrimental to boosting local and foreign investments, Managing Director of Apex Footwear Ltd Syed Nasim Manzur has said. Investors are facing stepmother-like behaviour from the authorities concerned, he said, adding that although an industrialist suffers losses, he/she will not be exempted from the tax under the current system.  Nasim Manzur made the r...

Bangladesh needs to amend tax rules, simplify business procedures and ensure facilities for international investors to attract foreign direct investment, said speakers yesterday. "It is crucial than ever to bring FDIs to tackle the Covid-19 fallout. For this reason, the government should relax rules and ensure competitive facilities," said Mohammad Abdur Razzaque, chairman of

Speakers for tapping FDI potentials in agro processing, light engineering, blue economy 160 DHAKA, April 17, 2021 (BSS) – Speakers at a webinar today stressed the need for reforming the taxation system alongside tapping the Foreign Direct Investment (FDI) potentials in a wide range of sectors like agro processing, light engineering, non-cotton apparel, home textile, blue economy and education in the country to ensure export diversification and smooth LDC graduation. They also suggested for extending the scope for whitening undisclosed money in the health infrastructure, economic zones, and ...