Dhaka, April 27 -- Bangladesh could nearly double its tax revenue without raising rates if it undertakes deep reforms in tax administration, improves compliance, and reduces systemic leakages, experts said on Sunday.

They argued that with stronger transparency, accountability and enforcement capacity, the country's tax-to-GDP ratio could rise from the current level of below 7.0 per cent to around 15 per cent.

Key recommendations include separating tax-policy formulation from tax-collection functions and modernising the VAT and supplementary duty regime to make the system more efficient and investment-friendly.

Experts made the observations at a policy dialogue titled "Rationalising Supplementary Duty and VAT in Bangladesh: Evidence, Ch...