Internet Edition. March 13, 2008, Updated: Bangladesh Time 12:00 AM 
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Revenue earning rise by 24.17 pc in current fiscal



UNB, Dhaka



Government revenue income has increased by 24.17 percent during the first eight months of current fiscal compared to the corresponding period previous year.

Revenue collection stood at Tk 27,061.44 crore during July-February to the satisfaction of the exchequer, according to the preliminary estimate available from NBR yesterday.

The collection was Tk 21793.88 crore during the same period last fiscal year.

Of the total, Tk 5,725.91 crore came from import duty, Tk 5,049.38 crore from VAT at import level, Tk 1,131.29 from supplementary duty at import level.

The collection from excise was Tk 139.56 crore, VAT at local level Tk 5,326.94 crore and supplementary duty at local level Tk 3,752.31 crore and Tk 2.85 crore from turn over tax.

From Income Tax sector, NBR collected Tk 5,632.12 crore while Tk 110.04 crore from travel tax and Tk 0.34 crore from other taxes.

Revenue income target was set at Tk 43,850 crore for the current fiscal year that ends in June next.

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