NBR asks govt agencies to improve quality of services

Staff Correspondent | Published: 23:03, Jul 26,2017 | Updated: 00:33, Jul 27,2017

 
 

at a press briefing to share the achievement of surpassing the target of revenue collection in the just concluded fiscal year 2016-17 at NBR conference room in Dhaka on Wednesday. — New Age photo

The National Board of Revenue has requested the government’s service providing agencies to improve the quality of services to motivate the taxpayers to pay more tax, NBR chairman Md Nojibur Rahman said on Wednesday.
At a press briefing held at NBR conference room, he said that taxpayers were encouraged to pay tax if the quality of services provided by the government ministries and divisions is improved.
The revenue board arranged the briefing to share its achievement of surpassing the target of revenue collection in the just concluded fiscal year 2016-17.
Revenue collection grew by 18.96 per cent to Tk 1,85,003.69 crore in the year against the government set target of Tk 1,85,000 crore for the year.
‘Improve the service quality so that the revenue board gets more revenue,’ he said quoting the letter sent to all secretaries of the government on July 1.
He revealed the information in reply to a question regarding better uses of taxpayers’ money through removing the public sufferings like water logging, outbreak of chikungunya, a mosquito borne virus, bad shape of roads and severe traffic congestions in cities, particularly in Dhaka.
About achieving the revenue collection target, Nojibur, also Internal Resources Division senior secretary, said that the NBR surpassed the target in last three years in a row due to hard efforts of the tax officials.
The NBR even may surpass the original revenue collection target of Tk 2,03,152 crore, if Petrobangla and Bangladesh Petroleum Corporation would pay their outstanding dues worth Tk 28,524 crore, he said.
He said that VAT collection from cigarette and mobile telephone sectors, the major source of revenue, also unexpectedly dropped in June.
VAT officials also could not pay proper attention to revenue earnings as they had to pay more attention to implementation of new VAT law which the parliament deferred for two more years.
Income tax collection has also been affected due to negative growth by 14 per cent in banking sector, he said.
The revenue board also provided exemption worth Tk 40,000 crore in income tax, VAT and customs duties to various organizations in public and private sectors.
Some exemptions were given as part of facilitating future investment, he said referring to tax exemption of Padma Bridge, Rooppur Nuclear Power Project, hi-tech parks and power and energy sector projects.
Nojibur said that they were working to devise a strategy to achieve the revenue collection target set at Tk 2,48,190 crore.
The NBR is also waiting for getting a revised target from the government after postponement of new VAT law which was scheduled to come into effect from July 1 with an assumption of boosting revenue collection, he said.
‘Deferment of the law has created a vacuum and we are working to fill the gap,’ he said.
Regarding mismatch in revenue data between NBR and finance ministry, he said that revenue earnings collected by the NBR were not properly reflected in the calculation of the accounts department of the government.
It has become a necessity to improve the quality of accounts department, he said, adding that they will also request the finance ministry to circulate the data of both the departments—NBR and Office of the Controller General of Accounts.
According to the finance ministry, which referred to the CGA data, revenue earnings by the NBR stood Tk 1,21,797 crore in July-March period of the FY 2016-17, less by Tk 4,798 crore than the NBR figure of Tk 1,26,595 crore.  

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