Dhaka, March 12 -- The revenue authority has proposed a series of policy and administrative reforms aimed at boosting the country's chronically low tax-to-GDP ratio, including measures to prevent abrupt tax-policy changes and strengthen investor protection.

The proposals are part of a draft 180-day reform plan prepared by the National Board of Revenue (NBR), which will be placed before the Cabinet as the newly elected government moves to implement revenue-related pledges from its election manifesto.

Stopping abrupt policy changes through the implementation of a tax expenditure policy and introducing investor protection regulations are among the key steps proposed to increase the country's tax ratio, according to a draft plan.

After tak...