Written by The Banking Post
Bangladesh’s non-tax revenue collection surged 43 per cent during the first 11 months of fiscal year (FY) 2024-25, driven largely by dividends, profits, and interest from government-owned companies and agencies, official data show.
During July–May 2024-25, the government collected Tk 530.45 billion in non-tax revenue, up from Tk 370.87 billion in the same period of FY2023-24. This figure was also 32.39 per cent higher than the total non-tax revenue of FY2023-24, which stood at Tk 400.68 billion.
The surge was mainly supported by dividends and profits, which fetched Tk 246.43 billion, almost double the Tk 124.39 billion earned in the previous fiscal. Collections from this sub-sector also surpassed the target of Tk 168.53 billion, according to the Ministry of Finance (MoF).
Other segments, however, saw a decline:
- Receipts for Services Rendered: Tk 46.47 billion, down from Tk 59.30 billion.
- Administrative fees and charges: Tk 23.83 billion, down from Tk 25.83 billion.
- Non-commercial sales: Tk 19.99 billion, down from Tk 22.57 billion.
- Fines, penalties, and forfeitures: Tk 9.65 billion, down from Tk 15.12 billion.
Meanwhile, tax revenue collections during the same 11-month period reached Tk 3.33 trillion, significantly below the yearly target of Tk 4.95 trillion.
MoF officials noted that the robust growth in non-tax revenue helped the government fund development initiatives, partially offsetting the shortfall in tax revenue.
