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Country’s revenue till Jan over Tk1.97 lakh cr: Mahmood

Tk6.81 lakh cr transacted through MFS in six months
TBP Desk
28 Feb 2024 20:59:29 | Update: 28 Feb 2024 21:46:53
Country’s revenue till Jan over Tk1.97 lakh cr: Mahmood
Finance Minister Abul Hassan Mahmood Ali — File Photo

Finance Minister Abul Hasan Mahmood Ali on Wednesday told parliament that the country's revenue until January of the current fiscal year (2023-24) was over Tk 1.97 lakh crore.

"The country's revenue earning till January 2024 during FY2023-2024 was Tk 1,97,839.12 crore,” he said while responding to a query raised by Treasury bench lawmaker M Abdul Latif of Chattogram-11 at the Jatiya Sangsad Bhaban, reports BSS.

Meanwhile, the accumulated stamp duty earnings until December of FY24 was Tk 1,626 crore, he said.

To increase the revenue, the minister said, the government has taken various steps, including formulation of the Income Tax Act 2023 in Bangla, simplifying income tax through E-return and initiatives to formulate the Stamp Act 2023 in Bangla.

In addition to this, the government has made tax payments easier online through A-Chalan, Rocket, Nagad, bKash and Sonali Bank E-payment.

Apart from these, Proof of Submission of Return has been made compulsory for 41 services, Mahmood said.

Responding to another tabled question of Awami League MP from Noakhali Mamunur Rashid Kiran, the finance minister also said that some Tk 6.81 lakh crore have been transacted through the country’s mobile financial services in the first six months of FY24.

In response to the question of independent MP from Dhaka Muhammad Saiful Islam, he said that remittances worth $12,900.63 million have come to the country between July and January of FY24.

Of the amount, $2,425.58 million came from the United Arab Emirates, $1,610.38 million from the United Kingdom, $1,601.22 million from Saudi Arabia, $1,332.63 million from the United States, and $900.26 million from Italy, he said.

Meanwhile, State Minister for Posts, Telecommunications and Information Technology Zunaid Ahmed Palak on Wednesday told parliament that 192 local and foreign companies have started business activities in 18 Hi-Tech parks operated by the government around the country.

“Till now, around Tk 2,150 crore has been invested by the private sector,” he said in response to a question from independent MP from Mymensingh ABM Anisuzzaman.