Speak less, listen more, AL MPs to Muhith

Dhaka,  Sat,  23 September 2017
Published : 19 Jun 2017, 22:37:21

Speak less, listen more, AL MPs to Muhith

Treasury bench members in the Jatiya Sangsad (parliament) on Monday came down heavily on Finance Minister AMA Muhith for imposing excise duty on bank accounts and unified 15 per cent VAT in the budget.

"Your (Finance Minister's) responsibility is just to place the budget... it's the 350 MPs who determine what will be there in the budget and what will go from it considering the wellbeing of the people. You please don't decide it. So, stop you stubbornness and talk less," said Awami League Presidium Member Sheikh Fazlul Karim Selim joining the general discussion on the proposed national budget.

He demanded withdrawal of the additional excise duty imposed on bank accounts saying that it creates confusion in public mind. "We don't want the whole nation to carry a bad impression about Awami League for collecting more revenue from the excise duty."

Joining the general discussion, AL joint general secretary Mahbubul Alam Hanif said that he cannot understand for what reasons and whose interests the finance minister imposed the excise duty on the bank accounts.

"The amount of revenue from the excise duty on bank accounts is Tk 11,99 crore in 2016-2017 fiscal year, but the amount will go up to Tk 1,599 crore in 2017-2018 fiscal year due to the imposition of additional excise duty. Only Tk 400 crore will come as additional revenue from it," he said.

source – UNB

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