In the first ten months (July–April) of the current 2024–25 fiscal year, the government’s revenue shortfall has risen to Tk 71,476 crore. Despite the shortfall compared to the target, revenue collection has increased by 3.24% compared to the same period of the previous fiscal year, according to the latest data from the National Board of Revenue (NBR).
During the July–April period, the revenue collection target was set at Tk 3,58,732 crore. However, actual collection stood at Tk 2,87,256 crore — falling short by 19.92% of the target.
In the same period of the previous fiscal year, revenue collection was Tk 2,78,242 crore, meaning there has been year-on-year growth in revenue collection in the current fiscal year. The revised revenue target for the NBR for FY 2024–25 is Tk 4,63,500 crore.
As per the updated figures, for April alone, the collection target was Tk 1,27,680 crore 5 lakh. Against this, NBR managed to collect Tk 94,938 crore 84 lakh. Compared to the same time last year, this reflects a growth of 4.45%. In the same period of the last fiscal year, revenue collection stood at Tk 90,894 crore.
In terms of Value Added Tax (VAT) at the local level, the target was Tk 1,29,422 crore. Against this, NBR collected Tk 1,11,202 crore. This sector saw a growth of 5.79% during the period. Last year, VAT collection in the same period also stood at Tk 1,11,202 crore.
However, revenue collection from imports and exports saw a significant shortfall. Against a target of Tk 1,01,630 crore 47 lakh, only Tk 81,116 crore was collected. This reflects a negative growth of 1.36%. In the same ten months of the previous fiscal year, revenue from customs stood at Tk 82,236 crore.
For the single month of April, the revised revenue target was Tk 36,580 crore 52 lakh, while actual collection was Tk 30,770 crore — a shortfall of Tk 5,810 crore 52 lakh for the month. In April last year, the collection stood at Tk 28,650 crore 38 lakh, representing a year-on-year growth of 7.40%. However, April’s revenue collection fell 15.88% short of the revised target.
