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billion in the fiscal year to end June 2009 despite the global
financial crisis, a tax senior official said. 'The National Board
of Revenue could even surpass the income tax target for the just
concluded financial year due to a successful campaign,' said Abdus
Salam, a deputy commissioner of taxes of the NBR. The NBR earned
over taka 8 billion more than the target for the fiscal year of
2008/09, he said. Bangladesh's biggest mobile phone operator
Grameenphone, 62 per cent owned by Norway's Telenor, topped the list
of large taxpayers, contributing taka 5.50 billion as tax on its
profit. The Islami Bank Bangladesh Limited, being the second
largest taxpayer, paid taka 3.34 billion in the last fiscal year.
In 2007-08, the NBR has achieved 32.78 per cent growth in income tax
collection compared with the previous year and the finance ministry
had disbursed nearly taka 500 million among the officials as cash
reward for achieving the success. The incidences of corruption in
the tax administration would decline if the government continues the
policy of rewarding, officials said adding that it would also speed
up tax collection efforts. Finance minister Abul Maal Abdul Muhith
in his budget speech said there would be increased focus on income
tax collection.
