bdnews24.com Editor-in-Chief Toufique Imrose Khalidi said it was important to have skilled manpower to run the one-stop service, sanctioned by the One Stop Service Act of 2018 passed last month. Secondly, he said, the plan is to expand the investment promotion activities beyond Dhaka and Chittagong to the rural areas. The third objective of the plan is to involve ‘extensively’ the private sector in the investment promotion activities that have been limited to some government agencies. She said high tax rates cannot ensure high receipts and suggested that Bangladesh keep the rates in line with those of the neighbouring countries. International Chamber of Commerce, Bangladesh president Mahbubur Rahman also spoke against the high tax rates which he said would not necessarily guarantee high revenue.

Source: bd News24 March 21, 2018 17:25 UTC