Bangladesh, March 13 -- Tax revenue collection shortfall became even bigger in January last and stood at around Tk 333.03 billion until January of the current fiscal year (FY), 2018-19. A notable gap in VAT and customs duty mobilisation is largely responsible for the rise in tax revenue shortfall.
The National Board of Revenue (NBR) collected revenue worth about Tk 1.17 trillion in July-January period of the FY against its target of Tk 1.51 trillion for the period.
Until December, the revenue shortfall was Tk 280 billion that worsened in January.
Meanwhile, tax revenue collection grew by 7.09 per cent in July-January period of FY 19 compared to that of the corresponding period last year, according to an unofficial provisional data of NBR...