ICMAB’s Post-Budget Discussion underscored the need of hassle-free transparent tax collection.

The Institute of Cost and Management Accountants of Bangladesh (ICMAB) organized a Post-Budget Discussion Session on National Budget 2016-17 on 07 September 2016 at the ICMAB Ruhul Quddus Auditorium, Dhaka.

Mr. Md. Nojibur Rahman, Senior Secretary, Internal Resources Division (IRD) and Chairman, National Board of Revenue, Ministry of Finance conducted the Session as Chief Guest while Mr. Parvez Iqbal, Member (Income Tax Policy), National Board of Revenue, Ministry of Finance was Present as Special Guest.

President of ICMAB Mr. Arif Khan FCMA presided over the function.  Mr. A.S.M Shaykhul Islam FCMA Past President and Chairman Seminar & Conference Committee delivered the welcome speech while Mr. Mohammed Salim FCMA, Past President of ICMAB delivered the vote of thanks on the occasion.

Mr. Ranjan Kumar Bhowmik FCMA, Member, Taxes Appellate Tribunal, Ministry of Finance, Government of Bangladesh presented the paper as Resource Persons. Dr. Ahsan H. Mansur, Executive Director, Policy Research Institute of Bangladesh and Mr. Md. Abdur Rahman Khan FCMA, Deputy Secretary, Finance Division, Ministry of Finance and Secretary, ICMAB spoke on the occasion as Commentators on the paper.

The post budget discussion aims to highlight the changes in the Budget and Finance Act compared to previous year so that the professional Cost and Management Accountants are able to update their knowledge and play a vital role in paying taxes. However, the speakers also underscored the need of increasing tax-GDP ratio for rapid development of infrastructure of the country and boost both local and foreign private investments. They also gave emphasis on making the paying taxes system easier, hassle-free and transparent.

A good number of professional CMA’s took part in the question & answer Session which made the program very lively.