The National Board of Revenue (NBR) has been split to improve efficiency and broaden the country’s tax base, the interim government said today.<\/p>\n
“The interim government has announced a major structural reform: the dissolution of the National Board of Revenue (NBR), to be replaced by two distinct entities under the Ministry of Finance – the Revenue Policy Division and the Revenue Management Division,” said a statement issued by the Chief Adviser’s Press Wing this afternoon.<\/p>\n
“This decision aims to separate tax policy-making from tax administration to improve efficiency, reduce conflicts of interest, and broaden the country’s tax base,” it read.<\/p>\n
Established over 50 years ago, the NBR has consistently failed to meet its revenue targets. Bangladesh’s tax-to-GDP ratio is approximately 7.4%, one of the lowest in Asia. For context, the global average is 16.6%, while Malaysia’s stands at 11.6%.<\/p>\n
To achieve the development aspirations of its people, Bangladesh must raise its tax-to-GDP ratio to at least 10%, according to the statement.<\/p>\n
Restructuring the NBR is critical to this goal. There is growing consensus that a single institution should not be responsible for both creating tax policy and enforcing it-such an arrangement breeds conflicts of interest and promotes inefficiencies. For years, businesses in Bangladesh have complained that policies have often prioritised revenue collection over fairness, growth, and long-term planning.\u09ac\u09bf\u09b8\u09cd\u09a4\u09be\u09b0\u09bf\u09a4<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" The National Board of Revenue (NBR) has been split to improve efficiency and broaden the country’s tax base, the interim government said today. “The interim government has announced a major structural reform: the dissolution of the National Board of Revenue (NBR), to be replaced by two distinct entities under the Ministry of Finance – the […]<\/p>\n","protected":false},"author":1,"featured_media":60244,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,14],"tags":[],"class_list":["post-60243","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-6","category-14"],"_links":{"self":[{"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/posts\/60243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/deshnews24.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=60243"}],"version-history":[{"count":1,"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/posts\/60243\/revisions"}],"predecessor-version":[{"id":60245,"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/posts\/60243\/revisions\/60245"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/media\/60244"}],"wp:attachment":[{"href":"https:\/\/deshnews24.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=60243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/deshnews24.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=60243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/deshnews24.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=60243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}