Dhaka, March 17 -- The Centre for Policy Dialogue (CPD) has warned that the revenue shortfall could reach Tk 1.5 trillion by the end of the current fiscal year (FY2024-25).

In its recommendations for the national budget of FY2025-2026, the CPD has proposed raising the tax-free income limit to Tk 4 lakh, considering the high inflation rate.

The think tank also called for budget allocations for the victims of the July uprising.

At an event on Sunday, CPD Executive Director Fahmida Khatun stated that the government's revenue shortfall could total Tk 1,05,000 crore by the end of FY2024-25.

She pointed out that inflation has been on the rise during the July-February period, with food inflation outpacing non-food inflation.

Additionally, f...