Salman for improving litigation management for better trade, investment

Business Desk :
Private Industry and Investment Adviser to the Prime Minister, Salman F Rahman on Saturday stressed the need for simplifying the process of operating lawsuits or improving the “litigation management” in a bid to expand trade and commerce and attract more investment.
“Due to the lengthiness in disposal of litigations, attraction of investment especially foreign investment is being deterred. It takes around eight to 10 years time to dispose of any civil case including land related case which put a big impact on trade and commerce and wooing more investment,” he said.
The PM’s adviser was speaking as the chief guest at a webinar on “Country Competitiveness of Bangladesh: Key Reforms in Doing Business.”
The Dhaka Chamber of Commerce & Industry (DCCI) organized the webinar where Secretary of Law and Justice Division Md. Golam Sarwar joined as special guest.
DCCI President Rizwan Rahman gave the welcome address while NKA Mobin, senior vice president of DCCI gave the vote of thanks. Barrister Md. Sameer Sattar presented the keynote paper.
Salman said all the concerned stakeholders need to use One Stop Service (OSS) efficiently. At present, 45 services are being offered through the OSS. “We should have policy reforms throughout the taxation system,” he added.
For generating more revenues, he emphasized on further widening the tax net and extended thanks to the National Board of Revenue (NBR) for adding 55,000 new tax payers to the tax net last year.