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Wednesday, September 29, 2010

Tk 62,112.10 crore earned as revenue last fiscal achieving 101.82% against target

By AKM Moinuddin

Sangsad Bhaban, Sept 28 (UNB) - The government earned Tk 62,112.10 crore as revenue during the fiscal 2009-10, which shows 101.82 percent achievement against the pre-set target.

The amount collected as revenue income was Tk 9,584.85 crore more than the earnings of previous fiscal (2008-2009).

The target of revenue earning was Tk 61,000 crore in fiscal 2009-10, said a written answer that stood in the name of Finance Minister AMA Muhith in reply to a scripted question of Nasimul Alam Chowdhury (Awami League-Comilla).

Replying to another scripted question of ABM Ashrafuddin (Laxmipur-4), a written answer of Finance Minister Muhith said the government earned over Tk 62,000 crore through the Internal Resource Division in the last fiscal.

He also said the government has plans for increasing revenue from internal sources in the current fiscal (2010-11) and various steps have been taken in this regard.

The Minster in his written answer hoped that nearly Tk 600 crore would be earned through realizing five percent regulatory duty on finished goods and luxury goods.

He said the officials of National Board of Revenue (NBR) and Customs have been asked to regularly monitor revenue target and collection.

Meanwhile, a proposal regarding increasing manpower of the NBR is under consideration of the Finance Division, he said.

The minister said the country earned Tk 17,087 crore as revenue from the income tax sector during last fiscal (2009-10).

END/UNB/

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