The National Board of Revenue (NBR) is developing a data-driven system designed to monitor the income, expenditures, and assets of taxpayers. This strategic move is intended to boost Bangladesh's tax-to-GDP ratio, which currently stands at 6.8%. The authority has set a target to elevate this figure to 15% by the year 2035.
Economy
NBR to implement data-driven system for tracking taxpayer assets and spending
The National Board of Revenue aims to increase the tax-to-GDP ratio to 15% by 2035 through a new data-driven monitoring system.
Source: TBS Bangladesh