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Like to leave business if tax anomalies not removed: Syed Nasim Manzur-548031


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’ Forum (ERF) on Saturday.
 “Taxation system of Bangladesh is not business-friendly at all. So, business should be stopped. We would like to leave business just tomorrow, if problems are not resolved. The entrepreneurs are liable to count tax irrespective of his profit or loss. On the contrary, non-taxpayers enjoy various facilities. Largest businesses like us are facing b ....

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Like to leave business if tax anomalies not removed: Syed Nasim M


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, business should be stopped. We would like to leave business just tomorrow, if problems are not resolved. The entrepreneurs are liable to count tax irrespective of his profit or loss. On the contrary, non-taxpayers enjoy various facilities. Largest businesses like us are facing bleak situation. We do not want to continue with this kind of business. Prevalence of tax anomalies will ....

Sirazul Islam , Syed Nasim Manzur , Shafiqul Alam , Nasim Manzur , Rizwan Rahman , Nihad Kabir , Nasim Mazur , Economic Reporter Forum , Integration For Development , Bangladesh Investment Development Authority , Dhaka Chamber , National Board Of Revenue , Apex Footwear Ltd , Asia Foundation , National Board , Export Diversification , Policy Integration , President Shafiqul , President Barrister Nihad Kabir , President Rizwan Rahman , Apex Footwear Managing Director Syed Nasimmanzur , Dhaka University Professor , Development Studies Drm Abu Yusuf , Country Representative , Asia Foundation Kazi Faisal Bin Seraj , சிராஜூல் இஸ்லாம் ,

Will leave business if tax anomalies not removed: Syed Nasim Manzur-548101


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 remarks while speaking at a webinar organised by Economic Reporters’ Forum (ERF) as a panelist on Saturday. ....

Sirazul Islam , Nihad Kabir , Nasim Mazur , Shafiqul Alam , Nasim Manzur , Rizwan Rahman , Apex Footwear Ltd Syed Nasim Manzur , Economic Reporter Forum , Integration For Development , Bangladesh Investment Development Authority , Dhaka Chamber , National Board Of Revenue , Asia Foundation , Managing Director , National Board , Apex Footwear , Export Diversification , Policy Integration , Chairman Md Sirazul Islam , President Barrister Nihad Kabir , President Rizwan Rahman , Dhaka University Professor , Development Studies Drm Abu Yusuf , Country Representative , Asia Foundation Kazi Faisal Bin Seraj , Will Leave Business If Tax Anomalies Not Removed Syed Nasim Manzur ,