Tuesday, 26 Nov, 2024

Business

C&F agents demand ditching doubled tax on their commission

Senior Correspondent |
Update: 2010-06-24 01:08:27

DHAKA: The Federation of Bangladesh Customs Clearing & Forwarding Agents Associations Thursday demanded immediate withdrawal of an additional tax on their commission in the proposed budget.

In the new national budget, now under discussion in parliament, the government has proposed to double the tax from the existing 7.5 percent to 15 percent.

The ten thousand agents across the country will go for movement, if their demand is not met, they warned at a press conference organised by the association at the National Press Club.

Association secretary-general Akhtar Hossain at the press meet termed the doubling of the tax illogical.

"Though the amount of commission has not increased, the government-proposed increase in tax will be a burden for us. We cannot take extra charge as it is fixed by the government,” Aktar Hossain added.

Association president Sheikh Muhammad Farid, Chittagong C&F Agents Association secretary-general Altaf Hossain Chowdhury and Adviser of the Association Ali Reza Raju attended the meet.


BDST 1830 HRS. JUNE 24,2010
IH/SMS/MUA

All rights reserved. Sale, redistribution or reproduction of information/photos/illustrations/video/audio contents on this website in any form without prior permission from banglanews24.com are strictly prohibited and liable to legal action.