Dhaka, April 2 -- The National Board of Revenue (NBR) has selected 600 firms for VAT audit through a fully automated system, aiming to ensure transparency and reduce human intervention in the process.

In a press release issued on Thursday, the revenue authority said it has successfully implemented an Automated Risk Management Module in the e-VAT system to streamline audit selection.

Under the new system, entities are being selected automatically based on 20 risk criteria - each assigned a specific weightage to assess risk levels without any manual involvement.

The NBR said the introduction of this module fulfils a long-standing demand from taxpayers and civil society for a transparent and unbiased audit selection process.

Initially, 6...