Revenue collection up by 14.36 percent in July-October, but behind target: NBR

Business Desk :
The revenue collection has increased by 14.36 percent to Tk 1,03,976 crore in the first 4 months of the current FY2023-24 compared to the same period during the previous FY 2022-23, according to National Board of Revenue (NBR) available on Sunday.
According to the provisional data of the NBR, three wings of the revenue board have collected Tk 1,03,976 as income tax, Value Added Tax (VAT), and Customs Duty during the first quarter of FY2023-24. This marks a revenue collection rise by 14.36 percent during the first quarter of the current fiscal, reports UNB.
During the same period of FY2022-23 the revenue board had collected Tk90,913 crore.