Dhaka, May 19 -- The Association of Retired BCS Officers of Customs and VAT (ARBOCAV) has issued a formal statement urging the government to review and amend the recently promulgated ordinance aimed at restructuring the existing revenue framework.

The ordinance proposes the establishment of two separate divisions-Revenue Policy Division and Revenue Management Division-under the National Board of Revenue (NBR).

After a thorough review, ARBOCAV expressed concern over the ordinance, emphasising that the leadership of both newly created divisions must include individuals with practical expertise and specialised knowledge in revenue administration, an aspect they believe was overlooked in the current version.

ARBOCAV President Abul Kashem a...