{"id":30998,"date":"2025-09-22T13:00:16","date_gmt":"2025-09-22T13:00:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/30998\/"},"modified":"2025-09-22T13:00:16","modified_gmt":"2025-09-22T13:00:16","slug":"nbr-revenue-grows-21-in-jul-aug-of-fy26-but-misses-target-by-tk6500cr","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/30998\/","title":{"rendered":"NBR revenue grows 21% in Jul-Aug of FY26 but misses target by Tk6,500cr"},"content":{"rendered":"<p>      The NBR collected Tk54,423 crore in July-August, up from Tk45,005 crore in the same period of FY25. The target, however, was Tk61,000 crore.    <\/p>\n<p>\n      21 September, 2025, 11:50 pm    <\/p>\n<p>\n      Last modified: 22 September, 2025, 11:22 am    <\/p>\n<p>Infographic: TBS<\/p>\n<p>&#8220;&gt; <\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"lazyload\" data-aspectratio=\"1600\/2078\" src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2025\/09\/p_3-lead.jpg\" width=\"1600\" height=\"2078\" alt=\"Infographic: TBS\" title=\"\"\/><\/p>\n<p>Infographic: TBS<\/p>\n<p>Highlights:\n<\/p>\n<p>NBR revenue rose 21% year-on-year, but target missed<br \/>\nTk54,423 crore collected July-August, Tk6,577 crore below goal<br \/>\nAugust revenue up 17.7%, still Tk3,715 crore short<br \/>\nVAT grew 33%, mainly driven by cigarette sector earnings<br \/>\nImport tax fell 4.5%; Chattogram Customs reported discrepancies<br \/>\nExperts say 30% growth needed; FY26 target unrealistic<\/p>\n<p class=\"rtejustify\">During the first two months of the current fiscal year 2025-26, the National Board of Revenue&#8217;s (NBR) overall revenue collection increased by about 21% year-on-year. Yet, it still fell short of the target by Tk6,577 crore, according to data prepared by the revenue authority.<\/p>\n<p class=\"rtejustify\">The NBR collected Tk54,423 crore in July-August, up from Tk45,005 crore in the same period of FY25. The target, however, was Tk61,000 crore.<\/p>\n<p class=\"rtejustify\">In August alone, the revenue authority collected Tk27,174 crore, 17.7% higher year-on-year but Tk3,715 crore below the month&#8217;s goal, according to NBR data.<\/p>\n<p>        <a style=\"font-weight: bold; color: #2b4949; border-bottom: 1px solid #ccc; font-size: 18px;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMIivlQsw2ZKrAw?ceid=US:en&amp;oc=3\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n          <img decoding=\"async\" src=\"https:\/\/www.tbsnews.net\/sites\/all\/themes\/sloth\/images\/google_news.svg\" alt=\"The Business Standard Google News\" style=\"display: inline-block; margin-right: 15px; margin-bottom: 10px; height: 30px;\"\/><br \/>\n            Keep updated, follow The Business Standard&#8217;s Google news channel<br \/>\n          <\/a><\/p>\n<p class=\"rtejustify\">Experts opined that although a 21% revenue growth is normally considered satisfactory, this earning was compared with the months of July and August 2024, a period when the student-led uprising slowed economic activity. Therefore, the growth rate should not be a cause for complacency.<\/p>\n<p class=\"rtejustify\">&#8220;If we consider the year-on-year revenue growth for the first two months, July and August 2025, it was expected to be 20% or more, as revenue earnings during the same period last year were lower than anticipated due to the economic slowdown,&#8221; Towfiqul Islam Khan, additional research director at the Centre for Policy Dialogue (CPD), told The Business Standard.<\/p>\n<p class=\"rtejustify\">&#8220;So, the first two months&#8217; revenue earnings this year are normal given the present economic situation,&#8221; he said.<\/p>\n<p class=\"rtejustify\">NBR officials, however, expressed satisfaction with the revenue earnings.<\/p>\n<p class=\"rtejustify\">A field-level official of the VAT Wing of the NBR told TBS, &#8220;Our VAT earnings from the cigarette sector, one of the largest revenue-generating sources, are increasing at a satisfactory level and driving the overall growth of VAT collection exponentially.&#8221;<\/p>\n<p class=\"rtejustify\">NBR data also showed that VAT collection recorded over 33% year-on-year growth in the last two months, mostly driven by the cigarette sector.<\/p>\n<p class=\"rtejustify\">In August, however, import tax fell by 4.5% compared to the same period of the previous year.<\/p>\n<p class=\"rtejustify\">Chattogram Customs House is the main source of import tax earnings, as nearly 90% of the country&#8217;s imports and exports are handled through this customs house.<\/p>\n<p class=\"rtejustify\">Mohammed Shafi Uddin, commissioner of Chattogram Customs House, told TBS that the office recorded about 12% growth in August. However, around Tk900 crore that was already collected was not included in the August figure, resulting in the data showing a &#8220;de-growth.&#8221;<\/p>\n<p class=\"rtejustify\">Towfiqul, meanwhile, opined that it will be almost impossible for the NBR to achieve the FY26 revenue mobilisation target, as the actual growth requirement is about 30% over FY25.<\/p>\n<p class=\"rtejustify\">In FY25, the NBR collected around Tk371,000 crore, while the government set a target of Tk499,000 crore for FY26, over 34% higher than the previous year&#8217;s revenue collection.<\/p>\n<p class=\"rtejustify\">&#8220;As the economic situation has yet to gain the expected momentum, and with the national election planned for next February, there is little chance of a significant increase in revenue collection,&#8221; Towfiqul said.<\/p>\n<p class=\"rtejustify\">He, however, added that the NBR could boost its earnings by curbing tax evasion through the implementation of automation, which he stressed is very important.<\/p>\n","protected":false},"excerpt":{"rendered":"The NBR collected Tk54,423 crore in July-August, up from Tk45,005 crore in the same period of FY25. The&hellip;\n","protected":false},"author":2,"featured_media":30999,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,85,46],"class_list":["post-30998","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/30998","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=30998"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/30998\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/30999"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=30998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=30998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=30998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}