, Sept. 16 -- The National Board of Revenue (NBR) has stressed the need for sustained reforms and strengthened institutional capacity to boost Bangladesh's domestic revenue mobilisation (DRM) even as the country has achieved notable progress through comprehensive tax reforms.

These observations came in the Medium- and Long-Term Revenue Strategy (MLTRS) FY2025-26 to FY2034-35, unveiled by the NBR recently to guide fiscal reforms over the next decade.

The strategy noted that while Bangladesh has expanded its revenue base significantly further efforts are essential to support the nation's goal of achieving upper middle-income status by 2031.

The reforms have covered the entire tax architecture, including customs, VAT, and income tax and c...