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Bangladesh Economy

Government Misses FY 2024-25 Revenue Target by Tk 92,626 Crore Amid NBR Unrest

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1Nojor Desk
  • 01 Aug 25
  • 03:14 PM

The government fell short of its revised revenue target by Tk 92,626 crore in FY 2024-25, collecting Tk 3,70,874 crore against the target of Tk 4,63,500 crore. Unrest within the National Board of Revenue (NBR) during May and June significantly disrupted collections, especially in customs and VAT sectors. Growth over the previous fiscal year was just 2.23%. The NBR cited large-scale tax evasion in the cigarette sector as a major reason for the loss and vowed recovery efforts.

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Bonik Barta 01 Aug 25

Fiscal Year 2024-25: Revenue Collection Falls Short by Tk 92,626 Crore

The government has faced a major shortfall in revenue collection in the recently concluded fiscal year 2024-25. The National Board of Revenue (NBR), responsible for collecting state revenues, failed to meet even the revised target. The last two months of the fiscal year—May and June—were marred by unrest within the NBR due to ongoing protests, leading to instability. Typically, revenue collection peaks in June, but this time the impact of the unrest was clearly reflected, especially in the customs and VAT sectors.

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