The revenue collection has posted 15.32% growth in the July-April period of the outgoing fiscal year to Tk1,04,769 crore compared to the same period of the previous fiscal year.
During the period of last fiscal year, NBR had collected Tk90,847 crore, according to the latest data the National Board of Revenue (NBR) released yesterday.
The revenue authorities will have to collect additional Tk30,259 crore in revenue in May and June to cover the revenue target of Tk1,35,028 crore for the fiscal year 2014-15, the data shows.
Up to April, NBR has collected Tk30,440.80 crore in customs duties while the Value Added Tax wing mobilised Tk39,961.09 crore and income tax wing Tk33,681.59 crore, according to the data.
Revenue from customs duties grew 14.26% while the VAT wing posted 16.19% growth and income tax wing 14.98% growth.
The government had earlier revised down the revenue target to Tk1,35,028 crore from Tk149,720 crore on apprehension that the target would not be achieved as the collection faced setback due to the political turmoil.
The political turmoil has hit the economy hard, resulting in a slow revenue collection, but as the political situation is now favourable for businesses, it might give a boost to revenue earning, officials said.
They also said the board might achieve the target as the last two months of revenue collection got momentum.
The revenue mobilisation from unexplored avenues such as expanding the tax net, finding unexplored sectors, preventing loopholes in tax collection, finding tax evasion cases will also help the board reach the target, they hoped.
According to the revised target, NBR is now assigned to collect Tk48,344 crore as income tax, Tk37,500 crore as customs duties, Tk48,264 crore as VAT, and Tk920 crore as other taxes.