NBR asks mismatched revenue data

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Economic Reporter :
The National Board of Revenue (NBR) has asked its field officials to find out reasons behind the mismatch in tax revenue collection figures compiled by the taxmen and Controller General of Accounts office the difference of revenue data is rising in every fiscal year mainly because of data compilation methodology used differently by the two agencies.
During the fiscal year 2014-15, the CGA office identified a gap of Tk137 billion of revenue data while it was only Tk29.23 billion in FY’10-11.
NBR officials said the mismatch is occurring because of problems of compilation and documentation methods of collected revenue by the two agencies of the government.
The CGA officials, however, said the tax officials delay depositing taxes to the government exchequer which leads to the mismatch.
In such a situation, the revenue authorities asked the officials concerned to identify reasons behind the mismatch of revenue figure compiled by the Comptroller and Auditor General Office and NBR.
NBR Chairman Md Nojibur Rahman, who issued the decision, also asked the tax officials to take necessary initiative to resolve the mismanagement and inform the board about the initiatives taken, according to a NBR press release issued on Sunday.

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