Dhaka, May 19 -- The government's revenue authority saw only modest improvement in tax- collection growth in April, with receipts increasing by nearly 7.0 per cent year on year, underscoring the mounting pressure on the National Board of Revenue (NBR) to meet its ambitious annual target.

Revenue growth in March had slowed sharply to only 2.67 per cent compared to the same month a year earlier.

Economists say average revenue growth should remain around 15 per cent to keep pace with inflation and nominal Gross Domestic Product (GDP) expansion.

According to provisional NBR data, the revenue authority will have to collect around Tk 885 billion per month to achieve its annual target of Tk 5.03 trillion in the current fiscal year.

In April ...