Finance Adviser Dr. Salehuddin Ahmed on Monday said increasing the efficiency of the National Board of Revenue (NBR) is essential for the growth of business in the country, reports UNB.
He also called for increasing the competitiveness of local businesses in light of the upcoming LDC graduation through maintaining labour and environmental compliances.
The adviser was speaking as the chief guest at a seminar on ‘Reforms in Customs, Income Tax, and VAT Management to Address the LDC Graduation Challenges’ held at the NEC Conference Room in the capital.
Support to Sustainable Graduation Project (SSGP) of the Economic Relations Division (ERD) organised the event.
Commerce Adviser Sk. Bashir Uddin and the Chairman of the National Board of Revenue Md. Abdur Rahman Khan spoke as special guests. ERD Secretary Md. Shahriar Kader Siddiky chaired the event.
The finance adviser said that the private sector must be proactive alongside the government in meeting the LDC graduation challenges.
He also emphasised on effective implementation of the recently finalised Smooth Transition Strategy (STS).
bd-pratidin/Rafid
