NBR sets Tk 2,96,201 crore revenue collection target

Staff Correspondent:  The revenue collection target by the National Board of Revenue (NBR) has been set at Taka 2,96,201 crore in the proposed national budget for FY19 of which the bulk of Taka 1,10,543 crore will come from the Value Added Tax (VAT).

The Finance Minister revealed this while placing the proposed national budget for FY19 at Jatiya Sangsad on Thursday.

Muhith informed the House that the NBR is eying to collect the 2nd highest Taka 1,02,201 crore revenue from the income tax and other direct taxes followed by Taka 48,766 crore from the supplementary duty, Taka 32,589 crore from import and export tax, Taka 2,091 crore from excise duty while the rest of Taka 11 crore from turnover tax.

The revenue collection target by the NBR in the outgoing fiscal year (FY18) was earlier set at Taka 2,48,190 crore which was later revised at Taka 2,25,000 crore.


risingbd/Dhaka/June 7, 2018/MA Rahman/Mukul