Payment of highest amount of taxes, by the country’s electronics giant ‘Walton,’ to the National Board of Revenue (NBR) during the fiscal year 2015-16 is resulted in getting both the highest tax and VAT payer awards.
Recently, NBR gave away tax cards and crests to the five companies under the firm category for paying highest taxes during the FY 2015-16. Among them, Walton Micro-tech Corporation and Walton Plaza received tax cards and crests as the first and the second prize respectively.
In addition, Walton Plazas in 29 districts across the country also honoured with highest VAT payer awards by the NBR under the business category at district level. On the occasion of ‘National VAT Day and VAT Week,’ observed in the current month across the country, the NBR awarded a total of 124 companies for paying highest amount of VAT (Value Added Tax) during the FY 2014-15 under three sectors like manufacturing, business and service. In the business category, a total of 49 enterprises, of which 29 were Walton Plazas, received district level highest VAT payer award.
Walton Group’s Operative Director Uday Hakim said, “Wining the highest tax and VAT payer awards proved that local brand Walton products are in the customers’ top choice and the company is also playing a vital role in the national exchequer.”
The district level highest VAT payer awarded Walton Plazas are: Walton Plaza at Medical Road in Jamalpur, Walton Plaza at Station Road in Kishoreganj, Walton Plaza at Sadar Road in Munshiganj, Walton Plaza at Kalibari More in Brahmanbaria, Walton Plaza at Ambarkhana in Sylhet, Walton Plaza at Old Bust Stand Road in Sunamganj, Walton Plaza at Srimangole Road in Moulvibazar, Walton Plaza at Pouroshova Road in Bagerhat, Walton Plaza at Palashpool in Satkhira, Walton Plaza at Sadar Road in Barisal, Walton Plaza at Sadar Road in Patuakhali, Walton Plaza at Haspatal Road in Pirojpur, Walton Plaza at Sadar in Bhola, Walton Plaza at RN Road in Jessore, Walton Plaza at Gourangi VC Road in Gopalganj, Walton Plaza at HMS Road in Jhenaidah, Walton Plaza at Main Sarak in Rajbari, Walton Plaza at Goalchamot in Faridpur, Walton Plaza at Syed Atar Ali Road in Magura, Walton Plaza at Rupganj Bazar in Narail, Walton Plaza at Station Road in Rangpur, Walton Plaza at Modern Road in Dinajpur, Walton Plaza at Syedpur in Nilphamari, Walton Plaza at Gopalpur Abuld Hamid Road in Pabna, Walton Plaza at Indira Road in Chapainawabganj, Walton Plaza at Kanaikhali in Natore, Walton Plaza at Jhawtala in Bogra, Walton Plaza at Saheb Bazar in Rajshahi and Walton Plaza at SS Road in Sirajganj.
Walton Group’s Executive Director and Chief Marketing Coordinator Eva Rezwana said, Walton won the faith of all-classes customers through providing world-class products at reasonable prices. Consequently, both the sales and the demands for Walton products are increased substantially across the country and thus the realization and payment of VAT also increased, she noted.
By producing high-tech electronics and electrical appliances within the country, Walton is not only creating a bright image of Bangladesh at the global arena but also playing a remarkable role in raising the government’s revenue through following the government’s taxes rules and regulations properly, she added.
Walton Group Executive Director (Policy, HRM and Admin) SM Zahid Hasan said, “Getting highest tax and VAT payer awards from the NBR are the reflection of Walton’s transparent business activities in all sectors. The win of 60 percent of the district level highest VAT payer awards are the proof of “Walton pays government’s due taxes properly during the business of its all levels.