DCCI urges businesses to adopt automated revenue management, digital services
The workshop featured two sessions on changes in income tax and VAT.
Dhaka Chamber of Commerce and Industry (DCCI) President Taskeen Ahmed today 27 (August) urged businesses to effectively use the government's automated revenue management systems and digital services to ensure compliance and overcome existing barriers to tax payment.
He made the call while inaugurating a workshop titled "Changes in VAT, Tax, Customs Duty and Personal e-Return in FY2026-27" at the DCCI auditorium here, said a press release.
In his opening remarks, Taskeen Ahmed said the government has introduced several changes to VAT, income tax, customs duty and e-return systems in the budget for the current fiscal year.
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He urged businesses to gain a clear understanding of the revised policies and ensure compliance in their business and commercial activities.
He also stressed the importance of being familiar with the government's automated revenue management system and digital services to overcome existing obstacles in filing tax returns, saying such initiatives would eventually contribute to increasing the tax-GDP ratio.
Nirjhar Ahmed, Additional Commissioner of Customs, Excise and VAT Commissionerate, Dhaka (West), NBR, attended the workshop as special guest.
Nirjhar Ahmed said businesses contribute financially to government activities through payment of taxes and other duties, urging them to remain aware of changes in revenue management rules and regulations to ensure compliance.
She said VAT registration (BIN) has been made mandatory in several areas under the current year's budget, including obtaining and renewing trade licences, opening bank accounts, and obtaining and renewing membership of trade organisations.
She urged entrepreneurs who have not yet obtained VAT registration to complete the process at the earliest.
Under Section 64 of the Value Added Tax and Supplementary Duty Act, 2012, registered businesses can now file consolidated VAT returns for three tax periods, or quarterly, instead of submitting separate returns every month, she said, adding that the measure would make business operations easier.
Nirjhar Ahmed also said the government has amended the provision on appeals, reducing the required deposit from 10 percent to 1 percent for appeals before the Appellate Tribunal and to 2 percent for appeals before the High Court.
She noted that the measure would significantly reduce the financial burden on businesses.
