Dhaka, June 3 -- The proposed national budget for the fiscal year 2025-26 sets a revenue collection target of Tk5.64 lakh crore, amounting to 9 percent of the country's Gross Domestic Product (GDP).
Finance Adviser Salehuddin Ahmed announced the Tk7.90 lakh crore budget during a televised speech on Monday (2 June), outlining plans to boost revenue through ongoing reforms by the National Board of Revenue (NBR).
He stated that efforts are in progress to rationalise tax exemptions and pursue medium-term revenue objectives. To support this, the NBR has been reinforced with additional manpower. Salehuddin added that steps are under active consideration to gradually phase out certain tax exemption facilities, broaden the tax base, and introduce...