Covid surge in Bangladesh clouds quarter-4 revenue collection

The government's tax revenue collection efforts, economists have feared, might face a setback in the final quarter (April-June) of the current fiscal year (FY) because of the latest lockdown. The government has only recently downsized the tax receipt target for the FY'21. The National Board of Revenue (NBR) could collect tax revenues equivalent to 50 per cent of the original target, set for the July-February period of the FY.