Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 316 Sun. April 17, 2005  
   
Business


Saifur sits with NBR officials today


Finance and Planning Minister M Saifur Rahman will sit today with the National Board of Revenue (NBR) officials to discuss on how to gear up revenue collections.

Sources said the NBR authorities would submit a study report, conducted by them before the minister as to why the revenue collection has fallen down significantly during the current fiscal.

Accordingly, the minister will recommend the NBR officials to boost up revenue earnings of the government, the sources added.

The study findings have identified 'zero' tariff facilities for too many imported goods as a major barrier for this year's deficit in revenue collections.

The study reports also suggested bring changes in the customs and tax duty structure, the sources said.

In the first eight months of the current fiscal, the government lags behind by about Tk 4,000 crore from its revenue target.