Bangladesh, Jan. 2 -- The government has decided to establish a 'revenue think-tank' to support its proposed medium-term revenue strategy (MTRS), aimed at increasing the tax-GDP ratio.
The country's tax-GDP ratio -- around 10 per cent -- is one of the lowest in this region.
The think-tank will comprise experts, economists and business leaders who will assist the tax authorities in drafting the MTRS by putting forward their recommendations, officials said.
A recently reconstituted steering committee would help expedite the process of framing the strategy, they added.
The first meeting of the committee will be held on the premises of the National Board of Revenue (NBR) today (Thursday), which may finalise the proposal for formation of the...