Bangladesh, May 19 -- The overall tax collection fell short of the target by over half a trillion taka in the last three quarters of the current fiscal year.
The total tax revenue collection, however, registered a 7.11 per cent growth during the July-March period of FY 2018-19 over the same period of the last fiscal, according to provisional official figures.
They largely blamed ambitious target, slow growth of import revenue, and ad-hoc tax exemptions for the deficit.
Until March, the National Board of Revenue (NBR) collected Tk 1.53 trillion tax revenue against its target for Tk 2.03 trillion for the period.
The total revenue collection target for the National Board of Revenue (NBR) has been set at Tk 2.96 trillion for FY 2018-19.
To...