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Revenue collection witnesses 14.36% growth in Jul-Oct

Staff Reporter:

The revenue collection by the National Board of Revenue (NBR) from income tax, customs and VAT during the July-October period of the current fiscal year (FY24) witnessed a 14.36 percent growth fetch-ing Taka 1,03,976 crore.
According to data from the NBR, the revenue collection from the customs during this four-month period totaled Taka 32,668 crore, from VAT Taka 40,048.62 crore and income tax and travel tax Taka 31,259 crore. The revenue collection target during this July-October period were Taka 1,23,185 crore.
The NBR data showed that, the revenue collection by NBR during the July-October period of the last fiscal year (FY23) from customs were Taka 29,937 crore, from income tax Taka 26,784 crore and reve-nue collection from VAT Taka 34,197 crore.
The NBR has set a revenue collection target of Taka 4,30,000 crore in the current fiscal year.

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