DHAKA NEWS
Dhaka, Feb 29 Parliament on Wednesday passed two bills into law to tax salaries of the speaker and other members of parliament.
The bills are the Speaker and Deputy Speaker (Remuneration and Privileges) (Amendment) Act 2012 and the Member of Parliament (Remuneration and Privileges) (Amendment) Act 2012.
The law, justice and parliamentary affairs minister, Shafique Ahmed, presented the bills in the Jatiya Sangsad.
The laws will take effect retrospectively from July 1 of the previous year.
In line with a 1973 act, remunerations of lawmakers had been exempted from taxes, and so were pays and perks of speaker and deputy speakers, in line with another law framed in 1974.
The bills have been passed on Wednesday to remove the disparity.
On Feb 6, state minister for law Qamrul Islam presented the bills on behalf of law, justice and parliamentary affairs minister Shafique Ahmed.
The bills were then sent to the parliamentary standing committee on the law, justice and parliament affairs ministry, which was expected to submit a report within 15 days after scrutiny.
The finance minister had made an announcement to this effect in the last budget session.
Accordingly, the cabinet approved the bills on Nov 28 last year facilitating implementation of the announcement.
In the absence of these laws, the National Board of Revenue (NBR) had failed to tax salaries of the speaker, deputy speaker and the lawmakers.
The bills are the Speaker and Deputy Speaker (Remuneration and Privileges) (Amendment) Act 2012 and the Member of Parliament (Remuneration and Privileges) (Amendment) Act 2012.
The law, justice and parliamentary affairs minister, Shafique Ahmed, presented the bills in the Jatiya Sangsad.
The laws will take effect retrospectively from July 1 of the previous year.
In line with a 1973 act, remunerations of lawmakers had been exempted from taxes, and so were pays and perks of speaker and deputy speakers, in line with another law framed in 1974.
The bills have been passed on Wednesday to remove the disparity.
On Feb 6, state minister for law Qamrul Islam presented the bills on behalf of law, justice and parliamentary affairs minister Shafique Ahmed.
The bills were then sent to the parliamentary standing committee on the law, justice and parliament affairs ministry, which was expected to submit a report within 15 days after scrutiny.
The finance minister had made an announcement to this effect in the last budget session.
Accordingly, the cabinet approved the bills on Nov 28 last year facilitating implementation of the announcement.
In the absence of these laws, the National Board of Revenue (NBR) had failed to tax salaries of the speaker, deputy speaker and the lawmakers.
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