The National Board of Revenue (NBR) missed its revenue collection target for August, the second month of the current fiscal year, continuing the shortfall trend seen in July.

According to NBR data, the authority collected Tk 27,174 crore in August against the target of Tk 30,889.30 crore, falling short by Tk 3,715.3 crore.

Despite the shortfall, revenue collection grew by 18% compared to August 2024 when Tk 23,089.37 crore was collected, reflecting an increase of Tk 4,084.5 crore.

The Customs Wing, however, saw a decline in revenue, highlighting sluggish export-import activity.

Its collection was Tk 7,647 crore against a target of Tk 10,061.35 crore, down from Tk 8,007.49 crore in August 2024, marking a 4.5% decrease.

The Value Added Tax (VAT) wing performed strongly, collecting Tk 11,085 crore against a target of Tk 10,660.20 crore, up from Tk 8,282.15 crore in the same month last year, a 33.83% increase.

Income tax collection reached Tk 8,442 crore against a target of Tk 10,167.75 crore, up from Tk 6,798.73 crore in August 2024, showing a 24.17% growth.

In a press release, the NBR said total revenue collection in July-August 2025 amounted to Tk 54,423 crore, up 21% from Tk 45,005.16 crore in the same period of 2024.

The authority noted that a change in the economic code in the IBAIS++ system led to a significant amount of customs revenue being deposited in September, which contributed to the negative growth in August.

To sustain revenue growth, NBR said its dedicated staff are working to expand the tax net, ensure compliance, and detect tax evasion more effectively.

NBR officials expressed optimism that taxpayers will continue supporting national development by paying the right amount of tax on time.