Stock Market to get more tax benefit
Published : Tuesday, 17 September, 2019 at 12:00 AM Count : 197
National Board of Revenue (NBR) Chairman Md Mosharraf Hossain Bhuiyan said more tax benefits will be offered for development of Stock Market, if needed.
"The current situation of our capital market cannot be allowed to continue this way. It needs to be developed," he said.
Mosharraf came up with the remark after a view-exchange meeting with stakeholders at NEC conference room in city's at Sher-e-Bangla Nagar on Monday.
The meeting was presided over by Senior Secretary of Economic Relations Division Md Asadul Islam.
Finance Minister AHM Mustafa Kamal also took part in the meeting as a chief guest.
"The capital market is not strong. We want to strengthen the capital market. There are some problems in the capital market and we want to resolve those," said the Minister.
The NBR Chairman said many tax benefits are already being given to Stock Market and more tax benefits will be offered for its development, if needed.
The Governor and Deputy Governor of Bangladesh Bank, Chairman of Bangladesh Securities and Exchange Commission, among others, were present at the meeting.