, June 2 -- The proposed national budget for the fiscal year 2025-26 sets the revenue collection target at Tk 5.64 lakh crore, which is equivalent to 9 per cent of the country's Gross Domestic Product (GDP).

Finance Adviser Salehuddin Ahmed presented the budget of Tk 7.90 lakh crore, proposing the new revenue target during his televised budget speech on Monday.

Salehuddin said efforts are underway to rationalise tax exemptions and achieve medium-term revenue goals through the continued initiatives of the National Board of Revenue (NBR) that to enhance revenue collection.

Salehuddin also mentioned that the NBR has been strengthened with increased manpower to support these efforts.

He said that steps are actively under consideration to ...