Tax collection dismal for sluggish domestic VAT

Tax collection growth slowed in the first quarter of the fiscal year due to a decline in the flow of value-added tax (VAT) from domestic economic activities and decline in import tariff, according to data released by the National Board of Revenue (NBR). Overall, revenue collection grew 2.62 percent year-on-year to Tk 47,388 crore between the months of July and September thanks