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VOL 23 NO 53 REGD NO DA 1589 | Dhaka, Sunday, January 3 2016
Posted : 03 Jan, 2016 17:13:58 AA-A+
CPD sees Tk 400b shortfall in revenue collection
CPD sees Tk 400b shortfall in revenue collection

Centre for Policy Dialogue (CPD), a civil society think tank, has estimated that the government will experience a shortfall of Tk 400 billion (40,000 crore) in revenue collection in fiscal 2015-16.

The CPD came up with the estimate in its review report, ‘State of the Bangladesh Economy in FY2016’, released on Sunday.

Making a power-point presentation on the review report at city’s BRAC Centre Inn, CPD research fellow Towfiqul Islam Khan said the revenue shortfall in the fiscal 2015-16 could be Tk 40,000 crore due to many reasons like overambitious targets, low international price of imported commodities, incentives in budget and lack of major improvement in administrative policy.

The National Board of Revenue (NBR) has got a target of Tk 176,3.70 billion of revenue collection in fiscal 2015-16 against Tk 1350.28 billion last year.-Asfar


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CPD sees Tk 400b shortfall in revenue collection | 24 News | The financial express