An ambitious revenue target set for the new fiscal year is achievable if all concerned put employ their sincere and synergic efforts, newly appointed National Board of Revenue (NBR) Chairman Ahsan Habib begins with this conviction.
Assuming office Tuesday, he called on tax officials to discharge their duties with "honesty, integrity and dedication" to that end.
Earlier in the day, while addressing NBR officials after receiving a formal welcome, he instructed them to maintain the highest standards of honesty and commitment in carrying out their duties.
The government has set the ambitious revenue-collection target for FY2026-27, beginning today (Wednesday), with the goal nearly 40-percent higher than that of the outgoing fiscal year.
Revenue officials say Bangladesh has never before set such a high year-on-year growth in revenue-collection target, making the goal "one of the most challenging in the country's history".
The newly elected BNP-led government placed Tk9.38-trillion budget, which was passed Tuesday by parliament, and handed the revenue board this elevated revenue target to finance it.
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