Dhaka, March 19 -- National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan on Tuesday hinted that the country's overall duty structure is likely to be reduced in the days to come.

"We're moving towards LDC graduation. We can't impose duty at will anymore, so we'll reduce this duty gradually," he said while speaking at a pre-budget meeting at the conference room of the Revenue Building in the capital's Agargaon area on Tuesday, reports BSS.

The NBR chairman said the revenue board is putting emphasis on income tax and Value Added Tax (VAT) as key areas for revenue mobilization.

"All customs issues should be targeted for trade facilitation, not for revenue collection," he said.Rahman said any duty reduction or imposition is done for...