DHAKA, Aug 7, 2022 (BSS) - The National Board of Revenue (NBR) collected Taka
3,01,634 crore as revenue in the last fiscal year (FY22) with a healthy
growth of 16.09 percent.

"The revenue collection in the last fiscal year (FY22) was also Taka 41,734
crore higher or 16.09 percent higher than the previous fiscal year (FY21),"
said NBR Chairman Abu Hena Md Rahmatul Muneem while addressing a press
conference at the NBR Bhaban in the capital's Segunbagicha area.

He, however, informed that the revenue collection by the NBR in the last
fiscal year was lower than the fiscal target of Taka 3,30,000 crore.

Muneem said, "Although the revenue collection by the NBR was 8.6% percent
lower than the fiscal target, but the growth that we've achieved can't be
termed as bad considering the slow growth and current situation of the global
economy."

The NBR chairman informed that out of the overall revenue collection by the
NBR in the last fiscal, Taka 89,423.80 crore came from customs with a growth
of 15.9 percent, Taka 1,08,418.23 crore came from VAT having a growth of 11.9
percent while the rest of Taka 1,03,791.81 crore came from income tax and
travel tax with a growth of 21.79 percent.

Talking about fulfilling the revenue collection target in the current fiscal
year, he said that efforts would be there to collect more revenues through
expanding the income tax net.

The NBR Chairman said since it has been made mandatory for submitting income
tax return certificates for availing various government certificates in the
budget, the initiative is expected to expand the tax net significantly in the
current fiscal year.

NBR members Abdul Mannan Shikder, Shams Uddin Ahmed, Zakia Sultana, among
others, were present.