Finance minister AHM Mustafa Kamal on Wednesday hoped that the number of taxpayers would jump to 1 crore in the next fiscal from 22 lakh in the current fiscal.
He said the national board of revenue would follow the strategy of widening the tax net and not increasing the tax rate to expand the number of taxpayers almost five times higher.
Mustafa Kamal was talking to reporters following a meeting with the present and former Bangladesh Bank governors and former caretaker adviser Mirza Azizul Islam at his planning commission office in the evening.
Beside current governor Fazle Kabir, former governor Mohammed Farashuddin also attended the meeting that was convened, according to the finance minister, to get suggestions about the implementation of the new VAT act from July.
Kamal also said to make the strategy on expansion of taxpayers’ net successful manpower would be outsourced by the NBR.
At present, the NBR is facing a shortfall in manpower while it is geared towards expansion of the tax net.
Want stories like this in your inbox?
Sign up to exclusive daily email
More Stories from Tax