Business Desk Report ; Dhaka- The National Board of Revenue (NBR) is facing a significant challenge as the revenue collection shortfall reached nearly ৳98,000 crore in the first nine months (July–March) of the current 2025-26 fiscal year. This deficit has already surpassed the total shortfall of the previous entire fiscal year by over ৳5,000 crore.
The Numbers at a Glance
According to the latest NBR report, the total revenue collected from income tax, import duties, and VAT stands at ৳287,662 crore. However, the target for this period was ৳385,852 crore, resulting in a massive gap of ৳97,990 crore. Despite this shortfall, overall revenue collection grew by 11.15% compared to the same period last year.
Sector-Wise Deficits
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Income Tax: The biggest hit was seen here, with a shortfall of ৳40,617 crore.
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VAT: Collection lagged behind the target by ৳34,400 crore.
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Customs: This sector saw a deficit of ৳22,973 crore.
Expert Opinions
Economists are warning that such a large deficit could force the government into a “debt trap” to cover budget expenses. Professor Mustafizur Rahman, Distinguished Fellow at CPD, suggested that the government must ensure 100% of collected taxes reach the state treasury and focus on automating the system to prevent leakage.
The NBR’s Stance
NBR Chairman Abdur Rahman Khan attributed the shortfall to “ambitious targets.” He noted that while GDP growth is around 3-4%, revenue targets were set much higher. He also cited the slow pace of investment, struggling banks, and capital flight as reasons for the lower-than-expected collection.