Tuesday, 07 October, 2025
The government has formed a nine-member national taskforce in an effort to implement key reforms aimed at raising Bangladesh’s tax-to-GDP ratio.
According to a notification issued Monday by the Internal Resources Division (IRD), the taskforce will be chaired by Dr. Zaidi Sattar, chairman of the Policy Research Institute of Bangladesh.
The body has been instructed to submit its final report to the finance adviser by January 31.
The move comes shortly after the IRD dissolved the advisory committee on NBR reform last week, a day after concerns were raised that splitting the National Board of Revenue (NBR) into two entities could create a “dangerous” situation for the country.
Before the committee’s dissolution, one of its members had criticised the government’s ordinance to divide the NBR into two divisions, saying the ordinance did not fully reflect the advisory panel’s recommendations.
Advisory committee member Farid Uddin had warned that if the NBR were divided “out of a grudge”, it would be disastrous for the nation.
In its latest notice, the IRD said the newly formed national taskforce aims to restructure the country’s tax framework to achieve an “acceptable” tax-to-GDP ratio.
The taskforce has been mandated to propose short and long-term recommendations for enhancing revenue collection through structural adjustments in the tax system, fostering tax policies that aid both domestic and foreign trade.
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The government has formed a nine-member national taskforce in an effort to implement key reforms aimed at raising Bangladesh’s tax-to-GDP ratio.
According to a notification issued Monday by the Internal Resources Division (IRD), the taskforce will be chaired by Dr. Zaidi Sattar, chairman of the Policy Research Institute of Bangladesh.
The body has been instructed to submit its final report to the finance adviser by January 31.
The move comes shortly after the IRD dissolved the advisory committee on NBR reform last week, a day after concerns were raised that splitting the National Board of Revenue (NBR) into two entities could create a “dangerous” situation for the country.
Before the committee’s dissolution, one of its members had criticised the government’s ordinance to divide the NBR into two divisions, saying the ordinance did not fully reflect the advisory panel’s recommendations.
Advisory committee member Farid Uddin had warned that if the NBR were divided “out of a grudge”, it would be disastrous for the nation.
In its latest notice, the IRD said the newly formed national taskforce aims to restructure the country’s tax framework to achieve an “acceptable” tax-to-GDP ratio.
The taskforce has been mandated to propose short and long-term recommendations for enhancing revenue collection through structural adjustments in the tax system, fostering tax policies that aid both domestic and foreign trade.
Comments
