NBR to sue Mir Nasir, son for hiding income
Staff Correspondent
The National Board of Revenue (NBR) yesterday decided to file cases against former state minister Mir Mohammad Nasir Uddin and his son barrister Mir Helaluddin for concealing real incomes in their income tax returns.The NBR in a board meeting also decided to review a case against former deputy minister for land Ruhul Kuddus Talukder Dulu. Tax officials primarily found Nasir and his son guilty of concealing their actual incomes, NBR sources said. According to an income tax ordinance, a person may be awarded with minimum three months and maximum five years imprisonment as well as financial penalty if anyone conceals his or her real income. Meanwhile, the NBR's income tax department will sit in a meeting soon with the managing directors and officials concerned of the commercial banks to clarify its position on imposition of 10 percent tax at source on interest of savings instruments. NBR issued orders on July 10 imposing 10 percent tax, deductible at source, on annual income in excess of Tk 25,000 accruing from savings instruments that create misunderstandings among the bankers and general people.
| 
