Dhaka, April 23 -- Bangladesh faces a Tk 22,000 crore shortfall in tax collection for the first nine months of the current fiscal year.
The National Board of Revenue (NBR) collected Tk 2,59,814 crore against a target of Tk 2,81,745 crore. To meet the revised annual target of Tk 4.10 lakh crore, the NBR needs to collect over Tk 1.5 lakh crore in the remaining three months.
The NBR is aiming to boost collection through increased audits, faster resolution of tax cases, wider use of Electronic Fiscal Devices (EFDs) for retail sales, and stricter tax evasion monitoring.
Experts believe significant reforms and strong political commitment are necessary to achieve the target and improve domestic resource mobilisation.
If the tax collection does...