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NBR plans expansion to raise revenue collection

Published: January 05, 2019 18:21:38 | Updated: January 13, 2019 16:54:42


The National Board of Revenue (NBR) is planning to have own office buildings in every district to increase revenue collection by offering better customer services.

The constructions will be done under Revenue Building-1 and Revenue Building-2 projects. "We are working on them," a senior NBR official said.

Lack of own buildings often made operations of NBR and its wings - Tax, Vat and Customs - difficult, another senior official said. "We are the government's main revenue collector but it is unfortunate that we do not have our own offices on our lands," he said.

A meeting in November, chaired by its Chairman Mosharraf Hossain Bhuiyan, was told that a tender had been floated for Revenue Building-1. Three companies had filed tender proposals, which were being scrutinised, reports UNB.

NBR member (VAT policy) M Rezaul Hasan told the meeting that for constructing own buildings for Customs and VAT, directives had been given to the project director to start the development project proposal (DPP).

VAT Online is interested to provide technical support for constructing field level offices.

The meeting decided to start DPPs in districts where NBR owned land. It also directed its Tax and VAT wings to undertake coordinated projects in districts where NBR did not have land. VAT Online will provide assistance.

Concerned officials were asked to forward the DPPs to the Internal Resources Division.

The senior NBR official said they were providing 85 per cent of the total project cost. "One of the reasons for our expansion is our plan to try and bring more people under the tax net," he said.

For 2018-19 fiscal year, the government set revenue target at Tk 3.39280 trillion (Tk 3,39,280 crore). Of the amount, the NBR has been tasked to source Tk 2.96201 trillion (Tk 2,96,201 crore).

 

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