Raising direct tax key to reducing inequality
Economists say personal income tax could be raised to 3.1% from current 1% in proportion to the country’s gross domestic product
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Economists say personal income tax could be raised to 3.1% from current 1% in proportion to the country’s gross domestic product
The personal income tax collection to gross domestic product (GDP) ratio can be raised to 3.1 per cent from the current 1 per cent or so if the government can get all eligible individuals to pay taxes, according to a study unveiled yesterday.
New Age, a Dhaka-based leading English language daily newspaper, is a major source of news of Bangladesh and international affairs
Bangladesh can further increase exports to EU, claimed a recent report.
There is no possibility of signing a free trade agreement (FTA) with Bangladesh in the foreseeable future because of the complexity related to the issue as well as bloc's lack of interest, said Charles Whiteley, head of the delegation of the European Union to Bangladesh, today.