NBR collects Tk 28,303 crore in first two months of new fiscal

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DHAKA, Oct 6, 2018 (BSS) – The National Board of Revenue (NBR) collected
Tk 28,303.53 crore in the first two months -July and August – of fiscal 2018-
19, which is 1.53 percent higher than that period of the last fiscal.

Of the total revenue collection, Tk 9,713.64 crore was realised from
import and export duties while Tk 10,986.62 crore from Value Added Tax (VAT)
at local level and Tk 7,603.27 crore from income tax and travel tax, an NBR
official said.

The NBR collected Tk 27,876.75 crore in the first two months of the
fiscal 2017-18, the official said.

NBR Chairman Md Mosharraf Hossain Bhuiyan said the NBR lags behind
achieving the target of revenue collection in the July and August.

But, he said, it would be possible to achieve the target of revenue
collection at the end of the year through ensuring better tax services to
people.

The NBR has set a target of realising Tk 2,96,201 crore revenue in the
current fiscal while the target was Tk 35,577 crore in July-August of the
fiscal.