NBR to intensify drive against revenue evasion, money laundering

The National Board of Revenue (NBR) has given its officials a 8-point directive, including beefing up field level surveillance on land-sea ports and airports, to check revenue evasion and siphoning off money from the country, reports BSS.

NBR chairman Md Nojibur Rahman held a meeting with the chiefs of Central Intelligence Cell (CIC), Customs Intelligence and Investigation Directorate (CIID) and VAT Audit, Intelligence and Investigation Directorate yesterday and gave the directives, said senior information officer of NBR Syed A Mumen.

Talking to the news agency, he said NBR expects that proper implementation of the directives will help plug revenue dodging and illicit financial flight from the country and at the same time, it will help boost revenue collection.

As part of the directives, the NBR will beef up surveillance at all land ports, sea ports and airports to check smuggling and the movement of smugglers. NBR will take steps to identify those who are involved in illicit financial flight from the country and take punitive measures against them. The NBR officials have been asked to take proper steps so that none can dodge Value Added Tax (VAT).

The NBR chief also asked the officials to deposit the revenue collected from the three major areas- income, VAT and customs-to the government exchequer timely.

He asked the Central Intelligence Cell (CIC), Department of Customs Intelligence and Investigation and Department of VAT Intelligence to maintain coordination in conducting any operation against revenue dodging at field level.

During the meeting the director generals of CIC, CIID and VAT Audit, Intelligence and Investigation Directorate made brief presentations on their activities, especially investigation into revenue dodging and assured the NBR chief of intensifying their operations to check revenue evasion.

CIC director general Md Belal Uddin, CIID director general Dr Moinul Khan and director general of VAT Audit, Intelligence & Investigation Directorate Dr Md Al-Amin Pramanik attended the meeting.

NBR to intensify drive against revenue evasion, money laundering

The National Board of Revenue (NBR) has given its officials a 8-point directive, including beefing up field level surveillance on land-sea ports and airports, to check revenue evasion and siphoning off money from the country, reports BSS. NBR chairman Md Nojibur Rahman held a meeting with the chiefs of Central Intelligence Cell (CIC), Customs Intelligence and Investigation Directorate (CIID) and VAT Audit, Intelligence and Investigation Directorate yesterday and gave the directives, said senior information officer of NBR Syed A Mumen. Talking to the news agency, he said NBR expects that proper implementation of the directives will help plug revenue dodging and illicit financial flight from the country and at the same time, it will help boost revenue collection. As part of the directives, the NBR will beef up surveillance at all land ports, sea ports and airports to check smuggling and the movement of smugglers. NBR will take steps to identify those who are involved in illicit financial flight from the country and take punitive measures against them. The NBR officials have been asked to take proper steps so that none can dodge Value Added Tax (VAT). The NBR chief also asked the officials to deposit the revenue collected from the three major areas- income, VAT and customs-to the government exchequer timely. He asked the Central Intelligence Cell (CIC), Department of Customs Intelligence and Investigation and Department of VAT Intelligence to maintain coordination in conducting any operation against revenue dodging at field level. During the meeting the director generals of CIC, CIID and VAT Audit, Intelligence and Investigation Directorate made brief presentations on their activities, especially investigation into revenue dodging and assured the NBR chief of intensifying their operations to check revenue evasion. CIC director general Md Belal Uddin, CIID director general Dr Moinul Khan and director general of VAT Audit, Intelligence Investigation Directorate Dr Md Al-Amin Pramanik attended the meeting.