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Planning a feast? Pay city corp taxes first, Chittagonians!DOT Desk: Residents of Chattogram city will have to pay tax to arrange ceremonies on the occasion of birth, marriage or death from now on, which has met with widespread criticism of the locals, reports TBS. In its 18th general meeting held recently, the Chattogram City Corporation (CCC) has decided to impose tax on 26 things along with the programmes on occasion of births and deaths, Mohammad Ismail, chairman of the CCC’s standing committee on finance, told The Business Standard. Earlier, the organisation used to collect taxes in 10 sectors including property tax. Mohammad Ismail said, “Officials are currently working to determine the tax rates in those sectors. The tax rate will be fixed in the next meeting.” According to the CCC’s decision, the 26 sectors on which tax will be levied include feasts on occasion of birth, marriage, child adoption and death, applications for construction and reconstruction of buildings, importing goods for consumption, use or sale in the city, exporting goods from the city, toll on vehicles plying in the city, animals, performing charities, water taps and water supply systems, school fees, markets, fees on licenses, application for approvals and permits for different things, and for any special works in the city corporation. A proposal has been sent to the CCC’s Standing Committee on Finance to determine the rate of tax on mejban (traditional feasts) on occasion of birth, marriage, and adoption of babies. Khorshed Alam Sujan, former administrator of CCC, told TBS, “People of Chattogram love to eat and to feed others, so they organise a feast on occasion of birth of a child or the death of a relative or a marriage. Mejban is a tradition of Chattogram. The decision to impose tax on such a social event is not logical at all.” “If the city corporation has to increase its income, they can ask for a service charge for the removal of garbage from the community centres. The CCC can become self-sustaining by collecting money from other sectors without burdening general people with taxes,” said Khorshed Alam Sujan, who is also an adviser to Nagorik Uddyog, a human rights organisation. Currently, the CCC collects taxes as per City Corporation Ideal Tax Schedule 2016. As per the rule, the city corporation collects 14-17% holding tax based on the rent of a building. It also collects tax on trade licence fee, land transfer fee, advertisement, shop sign, film and entertainment, motor vehicle, non-motorised vehicle, rickshaw license fee, and estates. Construction and reconstruction of buildings will also be brought under the tax net. The law department of the city corporation is currently scrutinising a system of the tax collection on the application for this purpose. Apart from this, a letter has been given seeking permission from the Local Government Division to collect tax on markets, import of goods for consumption, use or sale in the city and on export of goods from the city. Hasan Maruf Rumi, spokesperson of Chattogram Kordata Surokkha Parishad, told TBS, “The people of the city are already helpless due to the increase in the price of essentials. They have become more helpless due to hikes in the prices of electricity, gas, water and the house rent. The CCC has started collecting a several times increased holding tax in the current fiscal year. In this situation, tax collection in new sectors will increase people’s misery.” Asked about the matter, CCC Secretary Khaled Mahmud told TBS, “The sectors from which the city corporation collects taxes are very limited.

DOT Desk: Residents of Chattogram city will have to pay tax to arrange ceremonies on the occasion of birth, marriage or death from now on, which has met with widespread criticism of the locals, reports TBS. In its 18th general meeting held recently, the Chattogram City Co ...বিস্তারিত

BSEC forms Shariah Advisory Council for stock market

DOT Desk: In a move towards developing Shariah-based capital market Bangladesh Securities and Exchange Commission (BSEC) has formed a nine-member council to advise it on this subject, reports TBS. The decision came on Monday at the market regulator's 848th meeting, Rezaul ...বিস্তারিত

UK Navy Warship ‘HMS Tamara’ at Ctg port on goodwill visit

BSS: British Royal Navy warship HMS Tamar arrived at Chittagong port yesterday on a 7-day goodwill visit. At this time, a well-equipped navy band saluted the ship by playing traditional music, said a press release. A total of 59 members, including 16 officers, are participa ...বিস্তারিত

Tackle the plastic tide with proper waste management

DOT Desk: Almost everything in our daily lives involves plastic in some way. Whether it's toothbrushes, a fan's control panel, medicine or packaging, plastic is ever-present as an essential component. Responsible plastic use involves using it for a long time before it is rec ...বিস্তারিত

Refreshing inclusion of gender diversity and sensitivity in trial textbook

DOT Desk: The latest trial version of the seventh grade History and Social Science: Activity Book is being widely discussed for certain parts of two of its chapters. One captures a conversation on gender identity or gender diversity, and the other discusses Oborodhbashini ( ...বিস্তারিত

DAP density control plans will make housing even less affordable for the poor

DOT Desk: A city as large as Dhaka cannot have just one detailed plan for all its areas, reports The Daily Star. It should, instead, plan the expanding and newly claimed areas that are inevitably surrendering to urban use, especially in terms of informal settlements lack ...বিস্তারিত

Bangladesh Bank set to unveil monetary policy

DOT Desk: Bangladesh Bank is going to unveil the monetary policy for the January-June period of the fiscal year 2022-23 this afternoon and return to the half-yearly policy after discontinuing it for three years, reports The Daily Star. The central bank will announce its p ...বিস্তারিত

BB raises policy rate by 25 basis points

DOT Desk: The Bangladesh Bank (BB) has increased the policy rate by 25 basis points to 6% making money more expensive for banks when they are already in liquidity crisis, reports TBS. The central bank unveiled its new monetary policy for the second half of the current f ...বিস্তারিত

‘Electricity tariff hike a challenge for private sector’

DOT Desk: The recent retail electricity tariff hike will ultimately create an additional economic burden on the smooth operations of the private sector and power intensive industries, Dhaka Chamber of Commerce and Industry (DCCI) President Barrister Md Sameer Sattar said, ...বিস্তারিত

PM receives ‘IDF Global Ambassador for Diabetes’ title

BSS: Prime Minister Sheikh Hasina yesterday received the medal and citation of IDF Global Ambassador for Diabetes. She has been offered the first-ever 'Honorary title of the Global Ambassador for Diabetes' in recognition of her role to ensure affordable access to health ca ...বিস্তারিত

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