Dhaka, May 27 -- Despite showing signs of recovery following political unrest in July and August, the National Board of Revenue (NBR) remains far from achieving its revenue collection target of Tk 4.63 trillion for the 2024-25 fiscal year.

As of the end of March, the shortfall stands at over Tk 650 billion, a staggering figure that casts doubt over the feasibility of meeting year-end goals.

The challenge is compounded by pressures tied to International Monetary Fund (IMF) loan conditions, which demand structural fiscal reforms and heightened revenue mobilisation. While the NBR has introduced a series of measures, including a mid-year VAT increase on over 100 products, the impact has so far been minimal.

NBR Chairman Md Abdur Rahman Kha...