Written by The Banking Post
Bangladesh’s tax revenue grew by 24.33 percent in July 2025, marking a strong start to the new fiscal year after a turbulent 2024.
The National Board of Revenue (NBR) collected Tk 272.49 billion in July, up from Tk 219.16 billion a year earlier. Domestic VAT brought in the largest share at Tk 113.52 billion, a 32.45 percent jump from July 2024. Income tax and travel tax rose 21.6 percent to Tk 62.95 billion, while customs duty collection increased 17.5 percent to Tk 96.02 billion.
NBR officials said the momentum reflects stronger monitoring and compliance drives, and pledged further initiatives to sustain the growth. They urged taxpayers to play a “vital role in nation-building” by paying dues on time.
Despite the July gains, revenue collection still trails ambitious IMF-set targets for FY26, which require an additional Tk 400 billion in taxes. Policymakers caution that sustaining high growth will be critical as Bangladesh prepares for the IMF’s next loan review mission in October.
