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Bangladesh’s tax-GDP ratio lowest in South Asia: NBR chair

by BIZDATA INSIGHTS
September 6, 2021
in Economy, VAT & Tax
0
NBR gives proposal for exemption of tax payment for local VAT agents

Tax exemptions are crumbling 8.0 per cent from Bangladesh’s tax-GDP ratio. 

NBR chairman Abu Hena Md Rahmatul Muneem said, The country’s tax-GDP ratio is currently below 9.0 per cent which could have been 17 per cent if the government refrained from offering exemption. 

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In FY 2008-09, the NBR collected revenue worth TK 525.27 billion that jumped to TK 2.59 trillion in FY 2020-21.

Source:

New Age BD

The Financial Express 

 

 

BIZDATA INSIGHTS
Author: BIZDATA INSIGHTS

Tags: EconomyNBRTAX
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