Dhaka, June 30 -- The National Board of Revenue (NBR) is heading towards a record tax shortfall of around Tk 1.0 trillion in the outgoing fiscal year (FY 2024-25), despite efforts to recover long-standing arrears from state-owned enterprises like Petrobangla.

Until 29 June, the NBR had collected Tk 3.61 trillion in tax revenue against its revised target of Tk 4.63 trillion, falling significantly short of expectations.

Officials fear that the final tally may barely reach Tk 3.70 trillion, compounding the revenue authority's ongoing struggle amid economic disruptions and internal administrative setbacks.

The revenue collection figure remains nearly unchanged from last year, when the NBR managed Tk 3.61 trillion from domestic sources, acc...