Bangladesh, June 19 -- Achieving the 'biggest' revenue target would be a challenging task with so many tax exemptions proposed in the budget, the revenue board chief said on Tuesday.
He said a Tk 3.25-trillion revenue target has been proposed for fiscal year 2019-20 against their projection of around Tk 2.50 trillion in the budget.
The government target is much higher than what was calculated earlier, National Board of Revenue (NBR) chairman Mosharraf Hossain Bhuiyan added.
He said such a target stumbles against tax exemptions offered in the budget in so many areas like agriculture, new investment, hi-tech park and special economic zone
"These (offers) would make revenue collection very challenging. If,,however,the economy runs well, we...