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NBR face huge shortfall in revenue collection

News Desk || risingbd.com

Published: 22:58, 24 October 2020   Update: 23:00, 24 October 2020
NBR face huge shortfall in revenue collection

The National Board of Revenue (NBR) faced a huge shortfall in revenue collection in the first margin of the fiscal years 2020-2021 (July-September).

According to the provisional calculations of NBR, Tk 49,989 crore revenue was collected against a revised target of Tk 63,713 crore in first three months, falling short of around Tk13,724.

78.46 percent revenue was achieved against the target. However, the NBR attained 4.11% growth within the time compared to the same period of the previous year.

Deficit in revenue collection was Tk 15,000 crore in the last fiscal year (2019-20). NBR collected Tk 48,017 crore.

The revenue collection target was set at Tk3,30,000 crore for the 2020-21 fiscal year.

Dhaka/Sajed/Nasim