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The 2.5 percentage points corporate tax rate cut will encourage firms in Bangladesh to move away from cash transactions, said Naser Ezaz Bijoy, president of the Foreign Investors' Chamber of Commerce & Industry (FICCI). ....
The National Board of Revenue (NBR) has been failing to achieve tax collection targets since the fiscal year of 2012-13 to current fiscal year of 2021-22, which is 62 per cent of the tax collection goal of Tk 330,000 crore. ....