NBR exceeds revenue target for third straight year

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PV Desk : The National Board of Revenue or NBR has crossed the revenue collection target for fiscal 2016-17, which it says is the third time to happen in a row.

In the last fiscal year, the NBR has mobilised nearly Tk 1.86 trillion, which is a little over the revised target of Tk 1.85 trillion.

The figure is 19 percent bigger than the collection of FY2015-16 — Tk 1.55 trillion — which had also surpassed the target of that fiscal year.

The original target for fiscal 2016-17 was Tk 2.03 trillion.

At a press conference at the NBR headquarters in Dhaka’s Segunbagicha on Wednesday, Chairman Nojibur Rahman disclosed the latest data on the revenue collection and celebrated the feat as ‘the biggest success in history’.

“We created a record by crossing the revenue collection target for three consecutive years. Our infrastructure is being strengthened to increase revenue collection in the new fiscal year,” he said.