Bangladesh’s interim government has issued a new policy aimed at increasing non-tax revenue collection as the country continues to struggle with poor revenue mobilization.
A circular from the finance ministry requires non-NBR tax collection agencies to submit annual reports on the rates or fees they charge. The Finance Division will review these reports each October for potential adjustments.
Non-tax receipts include fees for land, vehicles, stamp duty, and surcharges. The move comes as Bangladesh’s tax-to-GDP ratio remains one of the lowest globally.
In fiscal 2023-24, non-tax revenue rose slightly to Tk 47,121 crore, but overall revenue fell short of the Tk 5 lakh crore target. The ministry plans to update rates every three years or as needed, considering inflation and living costs.
