The New Nation - Internet Edition

UNB, Dhaka

The National Board of Revenue (NBR) has relaxed the deadline January 31 earlier set for submitting budget proposals by trade bodies and chambers.

"The chambers and trade bodies invited to submit their proposals now can submit proposal anytime.

They can even submit the proposal during the budget discussion with them," a senior official of NBR told UNB.

He said 54 budget proposals have so far been received out of 300 trade bodies and chambers invited. NBR is likely to initiate discussion on the proposed budget for 2008-09 with the trade bodies and chamber houses from the first part of March.

Representatives from sectors playing major roles in the economy will be brought to the discussion table for the first time to accommodate their views, said the official.

Explaining he said NBR chair wants the feedback directly from the individual sectors apart from the associations and chamber bodies. The sectors included agriculture, garments, paper, computer, construction, telephone, SME and small industries.