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NBR falls short of revenue collection target for July-October

| Updated: November 29, 2022 20:04:08


NBR falls short of revenue collection target for July-October

The National Board of Revenue (NBR) has collected Tk 909.02 billion in the July-October period of the current fiscal year (FY23), against the target of Tk 973.07 billion.

According to NBR's latest data, revenue collection has grown by 14.17 per cent on average so far in October, compared to last fiscal year (FY22), reports UNB.

In the FY22, the revenue collected in July-October was Tk 796.23 billion.

Though the revenue collection target saw a shortfall of Tk 64.05 billion, the overall revenue collected in the July-October period is encouraging for the revenue board, said an NBR member Tuesday.

He said that the negative impact of the global economy has also hit Bangladesh. Despite various crises, NBR's revenue collection has been satisfactory so far, the official said.

In the current fiscal year (July-June), NBR's revenue collection target has been set at Tk 3.70 trillion.

 

 

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