NBR Targets Tk.380 Billion Extra VAT from 10,000 Firms

The National Board of Revenue (NBR) has set an ambitious target that nearly Tk 1.0 trillion in extra VAT revenue for FY2026-27 mainly by closing compliance gaps and cracking down on evasion.

At the core of this plan is a crackdown on 10,000 high-risk businesses were expected to yield an additional Tk 380 billion. The strategy was presented at an NBR meeting chaired by Chairman Ahsan Habib, with Prime Minister's Adviser Dr Rashid Al Mahmud Titumir attending as chief guest. NBR Member Syed Musfequr Rahman outlined the roadmap to meet the VAT Wing's Tk 2.57 trillion target.

Of the 10,000 targeted firms 8,000 have shown major compliance gaps or high evasion risk and will face closer monitoring, expected to recover Tk.250 billion. Separately, 2,000 large taxpayers paying over Tk.10 million in annual VAT will be scrutinised with another Tk.100 billion. Other compliance steps should bring in Tk.30 billion more.

Businesses will be picked from VAT-registered entities with monthly transactions above Tk.1 million for spanning importers, real estate firms, manufacturers and e-commerce companies. An NBR official noted real estate as a priority area of citing Tk 7 billion in unpaid VAT already found at one major company with a dedicated enforcement team now in place.

Beyond compliance, the tobacco sector is projected to add Tk.120 billion, economic growth another Tk.200 billion and higher development spending Tk.150 billion. Arrears recovery targets Tk 140 billion.

Combined, these measures aim for nearly Tk 990 billion in additional VAT. The NBR's overall revenue target for FY27 stands at Tk 6.04 trillion a 47 percent jump from last year, the largest single-year increase since independence.