Dhaka: The National Taskforce on Restructuring the Tax System today submitted its report to Chief Adviser Professor Muhammad Yunus, outlining specific short-and long-term recommendations aimed at raising Bangladesh’s tax-to-GDP ratio to the desired level. The report proposed necessary restructuring of the tax system to support overall economic development and to formulate tax policies conducive to both domestic and foreign trade.
According to Bangladesh Sangbad Sangstha, an eleven-member taskforce led by its head and Policy Research Institute of Bangladesh (PRI) Chairman Dr Zaidi Sattar handed over the report to the Chief Adviser at the State Guest House Jamuna, said the Chief Adviser’s Press Wing this evening. Finance Adviser Dr Salehuddin Ahmed, Economic Relations Division (ERD) Secretary Md Shahriar Kader Siddiky, Finance Division Secretary Dr Md Khairuzzaman Mozumder, Financial Institutions Division Secretary Nazma Mobarek, and Internal Resources Division Secretary Md Abdur Rahman Khan were present on the occasion.
As a developing country, it is essential for Bangladesh to increase the government’s own revenue to make the country’s economic progress faster and sustainable. The tax system is the most important element in this regard. However, the existing tax structure of Bangladesh is constrained by numerous limitations. Against this backdrop, the 11-member National Taskforce was formed on October 6, 2025, under the leadership of Dr Zaidi Sattar to recommend measures to enhance revenue collection and raise the tax-to-GDP ratio to an acceptable level.
The taskforce was given a deadline to submit its report containing specific recommendations on restructuring the tax system and identifying short- and long-term actions by January 31, 2026.