Budget 2024: NBR faces familiar pressure to step up tax collection once again - News Summed Up

Budget 2024: NBR faces familiar pressure to step up tax collection once again


This included Tk 4.3 trillion revenue collection by the NBR and Tk 200 billion from other taxes. But, a higher-up in the finance ministry says the government is proceeding with a Tk 5.4 trillion revenue collection target from local sources. If so, the NBR has to increase its tax collection by Tk 700 billion, or 17 percent. NBR Chairman Abu Hena Md Rahmatul Muneem says that every year the government tries to increase the revenue collection target. The growth in revenue collection was 22 percent in 2020-21, but it dipped to 10 percent in 2022-23.


Source: bd News24 May 24, 2024 03:13 UTC



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