Staff Reporter :The government will soon bring foreign nationals working in Bangladesh under the tax net apart from imposing penalty on those employing unauthorized foreign nationals. “We have already started registering foreign nationals working in our country and they’ll be brought under tax net soon,” Finance Minister AMA Muhith told the Parliament while delivering his budget speech. He proposed to impose 50 percent additional tax or Tk 5 lakh, whichever is higher, for those employing unauthorized foreign nationals. “I also propose cancellation of tax holiday and other tax exemptions facilities but for prosecution and punishment for these unscrupulous entities engaged in such unlawful activities,” Muhith said.He further said, “Despite the existence of large unemployment amongst our eligible workforce, huge numbers of foreign nationals are being employed in Bangladesh most of whom are not in tax net.”
