Dhaka, Feb. 23 -- National Board of Revenue (NBR) chairman Md Abdur Rahman Khan on Sunday categorically said his organisation will not hesitate to take any decision for the benefit for the country.

"We are moving towards that direction," he said, while holding pre-budget discussion with the Newspapers Owners' Association of Bangladesh (NOAB) at NBR.

He mentioned that there are three reasons behind the lower tax-GDP ratio in the country. These are: huge number of tax exemptions and its misuses, short tax net for income tax and Value Added Tax (VAT) and operational inefficiency.

No VAT on purchases at supershops: NBR

The revenue collecting chief said that due to the tax exemption culture, the NBR gives away the same amount of money that...