Dhaka, Sept. 2 -- In an ambitious move the government aims to raise the country's tax-to-GDP ratio to 10.5 percent by the 2034-35 fiscal year, according to officials.

This will do through the implementation of a Medium- and Long-Term Revenue Strategy (MLTRS) for FY2025-26 to FY2034-35, said the officials familiar with the plan on Tuesday.

The government has formally endorsed the MLTRS - a comprehensive reform blueprint designed to overhaul the taxation system, strengthen compliance, and boost revenue mobilisation.

The strategy is built around six core goals: end-to-end automation of the National Board of Revenue (NBR)'s business processes; raising the tax-to-GDP ratio; improving voluntary compliance; closing the gap between potential a...