Taxation

Assignment

On

Role of income tax in economic development of Bangladesh

Course title: Taxation

Course code: ACC 303

Submitted to: Anika khurshid

Course instructor of

Taxation

College of Business Administration (CBA)

Submitted by:

MD. MOZAMMEL HOQUE BHUIYAN

ID No: 11102062

Program: BBA

Submission Date: September 24, 2013.

IUBAT-INTERNATIONAL UNIVERSITY OF BUSINESS AGRICULTURE & TECHNOLOGY

CONTENTS

* objective of the study

* About Tax

* Methodology of study

* Major heads of tax-revenues of Bangladesh

* Direct & Indirect tax

* Canons of taxation

* Application of Canon in the Tax System of Bangladesh

* Role of Tax in the Economic Development of a Country

* Conclusion

* Reference

Objective of the study

We can gain knowledge about the tax system of Bangladesh by studying this topic. As following aspects of tax we can learn from this study:

1. To get the idea about the collection of revenue, as context of Bangladesh.

2. How distribute the income of people in Bangladesh is allocated.

3. How economic control to achieve their micro economic control.

4. Effect of the tax system of Bangladesh to economic development.

5. How national income is raised in desired level

About Tax

Tax is a compulsory levy imposed by the Government. People pay taxes to the Government on the basis of what they earn, what they own and what they purchase. A tax is a compulsory payment levied on the persons or companies to meet the expenditure incurred on conferring common benefits upon the people of a country. Two aspects of taxes follow from this definition:

A tax is a compulsory payment and no one can...