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in import costs due to rising prices in the global market.

Apart from this, the government’s receipts of non-NBR revenue saw a significant drop in the just-concluded year. The government managed to collect Tk 36,304 crore as non-NBR revenue in FY22, down from Tk 58,856 crore in FY21.

Such a drop in non-NBR revenue receipts was caused by a remarkable decrease in the collection of surplus money from different state-owned autonomous institutions in FY22.

The government earlier enacted a law to use the surplus or unused money deposited in the bank accounts of these state-owned autonomous institutions.

This collection, which stood at Tk 39,024 crore in FY21, came down to Tk 15,184 crore.

A finance ministry official said the government collected much of that money in the initial year.

Last fiscal year, many of these institutions failed to generate adequate profits or incurred losses due to rising prices in the international market, said the official, adding that that was why collection of such revenue by the government dropped.

However, the receipts of non-NBR tax saw a slight rise.

The government’s collection of non-NBR tax stood at Tk 6,406 crore in FY22, up from Tk 5,916 crore in the previous year.

So, the government’s overall revenue collection in the just-concluded fiscal year stood at Tk 3,42,889 crore.

Despite the growth in collection, the revenue collector was still Tk 29,820.92 crore behind its annual target. The NBR was tasked with collecting Tk 330,000 crore in the year ending in June.