[vinnomot] Govt revenue up 22 percent in 4 months in Bangladesh

All,

 

This is a remarkable achievement for a country which is crippled with corruption.  Job well done CTG in this category. 

 

--M. M. Chowdhury (Mithu)

 

Revenue up 22pc in 4 months

Star Business Report

Revenue collection in the country has soared during the first four months of the current financial year, up 22 percent from the same period a year earlier.

Revenue growth during the same period of previous year was 7.58 percent, according to NBR statistics.

A total of Tk 12,373 crore revenue was collected during July to October, against Tk 10,156 crore during the same period of the previous fiscal.

Growth in income tax collection during July-October was highest, up 45 percent from that of last year.

A total of Tk 2,530 crore was collected as income tax against previous fiscal's Tk 1,747 crore during the period.

NBR data shows that Tk 2699 crore has been collected as customs duty, with an increase of 10 percent. Earnings from customs during the same period last year was Tk 2456 crore.

NBR sources said the positive growth is an outcome of the government's ongoing anti-corruption drive as wealthy people are now paying more income taxes than before due to the changing scenario.

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