BFTI holds workshop on tax, VAT, customs

Bangladesh Foreign Trade Institute (BFTI) has  organized a five-day workshop for the officials of various government  agencies, representatives of trade bodies and associations and also for the  officials of import and export firms.

State Minister for Planning Dr Shamsul Alam graced the concluding session of  the workshop yesterday which focused on tax, VAT and customs related issues.

Speaking on the occasion, Dr Alam said that the government is prioritizing on  efficient revenue management and building up business-friendly environment to  graduate Bangladesh from the LDCs in 2026 as well as to transform the country  as a developed nation by 2041.

He opined that skilled human resources are very much essential to build a  firm revenue management.

The State Minister mentioned that the government has a target to raise the  tax-GDP ratio to 10 percent in the current fiscal year (FY24).

BFTI CEO Dr Md Jafar Uddin said that the BFTI has been imparting training to  both public and private sector officials on income tax, VAT, customs and on  international trade.

BFTI director M Obaidul Azam gave the address of welcome on the occasion. A  total of 32 participants took part in the five-day workshop, reports BSS.