It has been proposed to reduce motorcycle registration fees in the coming budget. The proposal was made in a pre-budget discussion of the 2018-19 fiscal year, organized on Sunday (April 8th) in the Ministry of Finance. This information was found in the meeting sources.
It is said in the meeting - motorcycle registration cost of the country is 22 thousand taka. But in other places around the country, it takes five thousand taka. Customers are not interested in registration for this. Work with Appreciation for Registration (AFR). It does not have revenue revenues. It is advisable to take action on how to make it viable.
Besides, the motorcycle industry is proposed to be tax exempt for another five years. SME sector has been proposed to be more effective. It is also proposed to provide low interest loan to Agro-based Business.
It has been suggested to speed up the bond market in the interest of the country's economy. Besides, corporate tax reduction has also been proposed.
However, regarding the reduction of corporate tax, the finance minister said, the issue is difficult but let's see what can be done.
It is said to make remittance more dynamic - it's okay to get remittance now. But if more attention is given in this case (eg skilled manpower is sent abroad) the remittance flow will increase further.
The Finance Minister said the government has taken various steps to increase the flow of remittance.
It has been advised to increase surveillance in VAT collection. It has been suggested to emphasize the use of ECR machine.
Senior officials and officials of different ministries and divisions attended the meeting, senior officials of government departments and the officials were
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