IAB Delegates met with NBR Chairman

A delegation comprising of IAB President Ar. Kazi Nasir, Vice President (National Affairs) Ar. Jalal Ahmed, Treasurer Ar. Nowajish Mahbub, Secretary Profession Ar. Dewan S Arif and IAB Fellow Ar. Hasan Samsuddin met the Chairman of National Board of Revenue (NBR) Mr. Md. Nojibur Rahman on Thursday, 17th August, 2017. In addition to the Chairman NBR, Member, VAT Policy of NBR Barrister Jahangir Hossain and Member Tax Policy of NBR were also present in the meeting. On behalf of IAB Ar. Jalal Ahmed submitted a letter to the Chairman of NBR with copies to the Honorable Minister, Ministry of Finance, Member VAT Policy of NBR and Member Tax Policy of NBR about the problems Architects are facing with the Clients regarding collection and payments of VAT and AIT and also proposed some remedies measures. In response the Chairman of NBR appreciated the suggestion made by IAB and directed the Member VAT Policy and Member Tax Policy of NBR to form a working committee along with representative of IAB. Member VAT Policy and Member Tax Policy mentioned that usually they start consultation with different stake holders from January for preparing the Fiscal Budget and they can start consultation with IAB before January'18 for the next budget.

[Report by Ar. Jalal Ahmed, Vice President (National Affairs), IAB]