The National Board of Revenue (NBR) is prioritizing the recovery of lost or foregone revenue, according to NBR Chairman Md Abdur Rahman Khan. He emphasized that bringing this revenue back into the national exchequer is the agency's primary focus.
“It is actually our main job, and we are actively working in that direction,” said Khan during a press briefing at the NBR conference room on Wednesday. He reiterated the agency’s commitment to addressing the issue, noting that significant efforts are underway.
Foregone revenue refers to the money an agency expects to collect but loses due to external factors or events.
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The NBR Chairman mentioned that the process of discussing and addressing lost revenue is handled through a forum that operates behind the scenes and is not visible to the public.
“We are working in an integrated and coordinated manner,” Khan said, highlighting the collaborative approach NBR takes with other government bodies.
He pointed out that the NBR is working closely with agencies such as the Bangladesh Financial Intelligence Unit (BFIU) and law enforcement agencies to address the issue.
“You might not notice the process, but when results start becoming public, when the recovery process reaches a certain stage, you will be able to realize the impact,” Khan added, assuring that the NBR’s efforts will soon yield tangible outcomes.