Revenue collection

Govt plans to increase non-tax revenue

Bangladesh’s revenue collection is lower than its potential, hovering below the level of Nepal and India, which have similar economic development, according to the finance ministry.

Cut expenses since tax receipts won’t go up overnight

In Bangladesh, the tax-to-gross domestic product (GDP) ratio is not growing. Rather, the ratio is declining. Today, the country has one of the lowest tax-to-GDP ratios in the world.

Revenue collection accelerates in January

The pace of revenue collections quickened in January, driven by increased receipts from income tax as the deadline for filing personal income and wealth statements for the current fiscal year ended last month.

Revenue collection will face challenge amid political unrest: NBR chairman

The revenue collection will be very challenging if the political unrest is sustained in the coming months of this year, National Board of Revenue (NBR) Chairman Abu Hena Md Rahmatul Muneem said today.

Revenue growth slows as import dips

Revenue collection in Bangladesh grew 14.3 percent year-on-year in the first quarter of the current fiscal year although the pace was slower owing to a decline in imports, official figures showed yesterday.

Govt’s borrowing goes up amid falling revenue

The government’s dependence on borrowing to finance national budgets has increased over the past decade as revenue collection has failed to keep pace with the ballooning public expenditure.

Tax collection rebounds in May

Tax collection by the National Board of Revenue (NBR) shot up in May, powered by buoyancy in value added tax (VAT) collection from domestic economic activities and increased income tax receipts, according to a provisional estimate. 

A budget divorced from reality

Self-contradictory is what best describes Finance Minister AHM Mustafa Kamal’s fifth budget, and the last of the Awami League-led government’s current term.

2023 will be the year of inflation and financial turpitude

While the government is distracted by elections, the financial economy will suffer

September 13, 2022
September 13, 2022

Charting the middle-income journey

Bangladesh needs proper macroeconomic management to avoid middle income trap

June 2, 2022
June 2, 2022

Budget 2022-23: More tax for the rich

Bank accounts with upwards of Tk 1 crore in balance are set to face a higher excise duty next fiscal year as the government looks to collect more taxes from the relatively well-off to get close to the lofty revenue collection target.

May 20, 2022
May 20, 2022

Hopeless revenue target: No major tax hike planned

Wishy-washy -- is what best describes the government’s stance on scaling up its narrow revenue base, which is posing to become the Achilles’ heel to Bangladesh’s growth aspirations.

June 1, 2016
June 1, 2016

Revenue collection shortfall anticipated

It is hardly surprising that a premier think tank in the country has once again calculated that the government in all probability will miss its tax collection target.

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