Dhaka, May 7 -- The government does not want to increase tax rates to boost tax collection; rather, it wants to increase the volume of revenue collection, said Dr Rashed Al Mahmud Titumir, Prime Minister's Adviser on Finance and Planning.

He said tax rates and the amount of tax collection are two different things. Therefore, it is important to highlight this distinction properly in discussions on revenue policy.

Speaking at a discussion organised by ICAB-FE, he said, "We have clearly said that tax rates will not be increased; but the amount of domestic resources will be increased. Please write rate and amount correctly."

He said the country's tax structure is weak. Bangladesh has inherited a tax structure where the tax-to-GDP ratio is ...