Dhaka, July 29 -- The International Monetary Fund (IMF) has recommended introducing a single Taxpayer Identification Number (TIN) in Bangladesh as part of sweeping reforms aimed at modernising the country's revenue administration, improving transparency and curbing tax evasion.

Under the proposed system, income tax, VAT, customs, import-export, tax deduction at source and other financial data of an individual or institution will be accessible and analyzable on a single platform.

The recommendation came during a meeting on Tuesday between an IMF delegation and senior officials of the National Board of Revenue (NBR) including NBR Chairman Ahsan Habib, according to sources familiar with the discussion.

An IMF fact-finding mission, led by ...