Finance Minister AMA Muhith Monday said in parliament that no decision has been taken to impose tax or introduce TIN for investors in the share market, reports UNB.
In a statement in parliament after a fiery debate on share market scam, Muhith said certain vested quarters are trying to dish out rumours to destabilise the market. This quarter will be identified through inquiry, the finance minister said.
Describing Khandaker Khaled Ibrahim who headed the inquiry committee on share market scandal as an honest banker, the finance minister said it is unfortunate that a person like Khaled Ibrahim is being harassed.
Amid thumping of desks, Muhith said the government has decided to provide all out legal assistance to defend him in the lawsuit filed against him.
He said the inquiry committee made 36 recommendations to bring about stability in the capital market. Of the recommendations, 11 have already been implemented.
According to the recommendations, the Security and Exchange Commission (SEC) has been reconstituted and 7-8 rules and regulations have been changed. More will be done within a month to ensure appropriate behaviour of all stakeholders of the share market.
On the basis of the inquiry report, he said already two cases were filed and actions were taken against some officials of the SEC.
Moreover, 14 inquiries are being conducted afresh and cases will be filed after the reinvestigation.
Replying to a supplementary question of Jobeda Khatun, the finance minister said the government will take step to introduce online tax payment and receiving system across the country in 2012 to reduce hassle.
Replying to a question of ABM Abul Kashem (Chittagong-3), he said presently number of Tax Identification Number (TIN) holders is about 3.0 million in the country at individual, company and other levels.
Muhith said out of the total TIN holders, 8.80 lakh taxpayers submitted their income tax return till April 2011.
In a statement in parliament after a fiery debate on share market scam, Muhith said certain vested quarters are trying to dish out rumours to destabilise the market. This quarter will be identified through inquiry, the finance minister said.
Describing Khandaker Khaled Ibrahim who headed the inquiry committee on share market scandal as an honest banker, the finance minister said it is unfortunate that a person like Khaled Ibrahim is being harassed.
Amid thumping of desks, Muhith said the government has decided to provide all out legal assistance to defend him in the lawsuit filed against him.
He said the inquiry committee made 36 recommendations to bring about stability in the capital market. Of the recommendations, 11 have already been implemented.
According to the recommendations, the Security and Exchange Commission (SEC) has been reconstituted and 7-8 rules and regulations have been changed. More will be done within a month to ensure appropriate behaviour of all stakeholders of the share market.
On the basis of the inquiry report, he said already two cases were filed and actions were taken against some officials of the SEC.
Moreover, 14 inquiries are being conducted afresh and cases will be filed after the reinvestigation.
Replying to a supplementary question of Jobeda Khatun, the finance minister said the government will take step to introduce online tax payment and receiving system across the country in 2012 to reduce hassle.
Replying to a question of ABM Abul Kashem (Chittagong-3), he said presently number of Tax Identification Number (TIN) holders is about 3.0 million in the country at individual, company and other levels.
Muhith said out of the total TIN holders, 8.80 lakh taxpayers submitted their income tax return till April 2011.
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