Kaus Miah best taxpayer once again

Prominent businessman and social activist Kaus Miah has once again been named the highest taxpayer for the 2020-21 tax year. The 90-year-old Hakimpuri Jarda owner has been voted among the best taxpayers in the businessmen category. The Internal Resources Division under the finance ministry on 16 November issued  a gazette notification, publishing the names of the top 75 taxpayers for the 2020-21 tax year in the individual taxpayer category.

Moreover, 54 organizations of various sectors as well as 12 individuals and organizations in other categories were named the top taxpayers. The National Board of Revenue (NBR) will give tax cards to these individuals and organizations as the best taxpayers.  Kaus Miah has retained the position of the best taxpayer under the businessman category for the last few years in recognition of his outstanding contribution to the revenue sector. 

In the 2016-17 tax year, he was honored as the Tax Bahadur Family of Dhaka district.  Kaus Miah has been paying taxes since 1958. In 1966, he became the top taxpayer in then-East P akistan. He began his business in 1950 with just Tk2,500. The value of his wealth comprising businesses and land is now around Tk10,000 crore, according to Kaus Miah. 

Now questions have come up what about the other business tycoons who have built up mammoth assets both at home and abroad. Some of these business magnates have been even named by international magazines like Forbes but their tax-paying record is not so healthy. They even file defamation cases against newspapers if their unlawful ways of making huge money are reported.

Kaus Miah has been running his business with his own assets for a long time - without taking loans from a bank, financial institution or any other institution - and paying taxes regularly at his own initiative. Additionally, Kaus Miah is involved in various social welfare activities and he is also a pioneer in corporate social responsibility.