Bangladesh, Dec. 5 -- The first four months of the current fiscal year saw a tax revenue shortfall of around Tk 202.20 billion against the target.
However, the volume of tax revenue collection registered a poor 4.33 per cent growth, compared to the same period of the last fiscal.
The National Board of Revenue (NBR) collected Tk 650.96 billion in taxes in July-October period of fiscal year (FY) 2019-20 against its target of Tk 853.17 billion, according to NBR provisional data.
The NBR had collected Tk 623.93 billion tax revenue during the same period of last fiscal.
The income tax wing posted the highest growth of 12.90 per cent while VAT wing 1.79 per cent and the customs wing 0.09 per cent over the corresponding period of last fiscal....