The New Nation - Internet Edition

BUSINESS REPORT

PRAN Agro Ltd, sister concern of PRAN-RFL Group, achieves district-wise highest Value Added Tax (VAT) payer award for the year of 2007-08.

Chief Executive of PRAN-RFL Group Maj Gen Amjad Khan Chowdhury (Retd) received the award yesterday at a function organised by National Board of Revenue (NBR).

Finance and Planning Advisor Dr. A. B. Mirza Md. Azizul Islam handed over the award as the chief guest while Mohammad Abdul Mazid, Chairman of NBR was in the chair. Government high officials, representatives from different business organizations and members of NBR were also present on the occasion. NBR arrange this kind of reward program for the first time since imposing VAT system in 1991.

PRAN Agro Ltd, is the largest food processing company of the country with its manufacturing unit at Natore. It is the first company of Bangladesh Bank's EEF project in Bangladesh. PRAN Agro Ltd started business form 1999 and now a days it is producing Jam-Jelly, Pickle, chutney, sauce-ketch up, Mustered oil, Powdered spice etc and those have already gained consumers confidence in home and abroad.

Meanwhile 67 highest VAT payers in three categories Manufacturing, Business and Service in each district were awarded on the occasion.

Those who are defaulters in Tax paying, In-come Tax cases, violate bank & government debts and loan defaulters were out of the award.