FICCI urges NBR for integrated automation system

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Business Report :

A delegation from the Foreign Investors’ Chamber of Commerce & Industry (FICCI) led by its president Zaved Akhtar, paid a courtesy visit to the newly appointed chairman of the National Board of Revenue (NBR) Md. Abdur Rahman Khan and Secretary of the Internal Resources Division (IRD) under the Finance Ministry on Wednesday at his office in city’s Agargaon.

FICCI president Zaved Akhtar emphasized the need for the full digitalization of NBR operations, particularly focusing on enhancing the automation systems to optimize revenue generation.

FICCI also sought NBR’s support in reforming the country’s tax system to make Bangladesh a more attractive destination for foreign direct investment (FDI) and to bolster the national economy.

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The delegation advocated for the establishment of a dedicated research wing within the NBR, focusing on expansion of the Tax Net and collection revenue through proper market research and identifying theGAP between market share and revenue share.Additionally, the FICCI delegation conveyed their best wishes for Mr. Khan’s success in his new role.

Khan commended FICCI for its constructive engagement and collaboration, particularly in promoting automation. He highlighted the vital role of automation in driving economic growth and appreciated FICCI’s research publication on taxation.

FICCI delegation included Senior Vice President Eric M. Walker, other board members, the CEO, and senior officials from member companies. NBR policy members were also present at the meeting.

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