Tax collection

Govt borrowing from banks rises as unrest hits tax collection

The government’s net borrowing from the banking system rose in the first two and half months of the current fiscal year in the face of falling tax collection and surging foreign debt servicing costs, raising concerns of a crowding out effect on private credit.

Tax receipts grow at healthy clip, still NBR likely to miss target

Although a large chunk of revenue is deposited in the state coffer towards the end of a fiscal year, there might be a big gap between the revised target and the actual collection.

Tax collection falls short of IMF loan condition

government falls Tk 17,946 crore short of the revenue last fiscal year as one of IMF's $4.7 billion loan conditions

Tax collection rebounds in May

Tax collection by the National Board of Revenue (NBR) shot up in May, powered by buoyancy in value added tax (VAT) collection from domestic economic activities and increased income tax receipts, according to a provisional estimate. 

Amnesty for black money will be unethical

It will not reduce capital flight, only encourage the corrupt

IMF’s loan conditions: Tax collection target for June may be missed

The government is on track to meeting the International Monetary Fund’s tax collection target for March but may miss the mark in June.

NBR’s back against the wall

The revenue authority desperately needs to accelerate tax collection in order to enable the country to widen its capacity to spend more from its own coffer and cut reliance on external funds, said its chief yesterday.

Tax collection growth on the decline

Tax collection growth slowed drastically in the first half of the current fiscal year due to falling customs tariff and direct taxes amid declining imports and reduced profits of firms, limiting the government’s scope to spend on development activities.

2023 will be the year of inflation and financial turpitude

While the government is distracted by elections, the financial economy will suffer

October 24, 2024
October 24, 2024

Govt borrowing from banks rises as unrest hits tax collection

The government’s net borrowing from the banking system rose in the first two and half months of the current fiscal year in the face of falling tax collection and surging foreign debt servicing costs, raising concerns of a crowding out effect on private credit.

May 27, 2024
May 27, 2024

Tax receipts grow at healthy clip, still NBR likely to miss target

Although a large chunk of revenue is deposited in the state coffer towards the end of a fiscal year, there might be a big gap between the revised target and the actual collection.

November 30, 2023
November 30, 2023

Tax collection falls short of IMF loan condition

government falls Tk 17,946 crore short of the revenue last fiscal year as one of IMF's $4.7 billion loan conditions

June 13, 2023
June 13, 2023

Tax collection rebounds in May

Tax collection by the National Board of Revenue (NBR) shot up in May, powered by buoyancy in value added tax (VAT) collection from domestic economic activities and increased income tax receipts, according to a provisional estimate. 

April 16, 2023
April 16, 2023

Amnesty for black money will be unethical

It will not reduce capital flight, only encourage the corrupt

April 2, 2023
April 2, 2023

IMF’s loan conditions: Tax collection target for June may be missed

The government is on track to meeting the International Monetary Fund’s tax collection target for March but may miss the mark in June.

February 17, 2023
February 17, 2023

NBR’s back against the wall

The revenue authority desperately needs to accelerate tax collection in order to enable the country to widen its capacity to spend more from its own coffer and cut reliance on external funds, said its chief yesterday.

February 8, 2023
February 8, 2023

Tax collection growth on the decline

Tax collection growth slowed drastically in the first half of the current fiscal year due to falling customs tariff and direct taxes amid declining imports and reduced profits of firms, limiting the government’s scope to spend on development activities.

January 1, 2023
January 1, 2023

2023 will be the year of inflation and financial turpitude

While the government is distracted by elections, the financial economy will suffer