Bangladesh NBR admits to low tax:GDP ratio, lower revenue collection
Acknowledging the low tax-to-GDP ratio in Bangladesh and lower revenue collection, National Board of Revenue chairman Mohammad Abdur Rahman Khan recently said there is no way to become complacent over the current ratio. NBR is not collecting revenue as per the target, and a prime reason for that is the culture of tax exemption for a long time, he noted. The poor are paying taxes, he said.
Acknowledging the low tax-to-GDP ratio in Bangladesh and lower revenue collection, National Board of Revenue chairman Mohammad Abdur Rahman Khan recently said there is no way to become complacent over the current ratio.
NBR is not collecting revenue as per the target, and a prime reason for that is the culture of tax exemption for a long time, he noted.
The poor are paying taxes, he said.
