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Non-tax revenue collection grew in Jul-Mar'FY23

Collection of non-tax revenue, which includes dividends, profits and interest income from lending, increased 4% year-on-year

Update : 19 Jul 2023, 02:46 PM

The government's non-tax revenue collection grew in the first nine months (July-March) of FY23, with dividends and profits earned by state-owned enterprises down to one-thirds compared to the same period of FY22. 

Collection of non-tax revenue, which includes dividends, profits and interest income from lending, increased 4% year-on-year to Tk27,821 crore in July-March of FY23.

This was 62% of the target, according to the finance ministry data.

Dividends and profits fell to Tk1,425 crore from Tk4,293 crore a year ago, according to the data.

However, the government agencies collected 25% more non-National Board of Revenue (NBR) tax, which includes revenue from narcotics and liquor, stamp duty and vehicles, during the period.

Collection of the non-NBR tax stood at Tk6,000 crore, just 33% of the year's target.

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