Revenue Policy Division
Abbreviation | RPD |
---|---|
Formation | 12 May 2025 (de jure) |
Type | Government agency Ministral division |
Legal status | Proposed |
Region served | Bangladesh |
Official language | Bengali |
Parent organization | Ministry of Finance |
Affiliations | Government of Bangladesh |
Revenue Policy Division (Bengali: রাজস্ব নীতি বিভাগ) is a proposed ministerial division of the Ministry of Finance of the Bangladesh government.[1] The division is to established along with Revenue Management Division after dissolving the National Board of Revenue.[2][3]
History
On 25 April 2025, the interim government issued a presidential ordinance to restructure the National Board of Revenue. The ordinance, which states that the existing NBR will be dissolved and replaced by two new divisions under the Ministry of Finance, one being the Revenue Policy Division and another being the Revenue Management Division.[4] Accordingly, on 13 May 2025, the government dissolved NBR and created RMD, through Revenue Policy and Revenue Management Ordinance, 2025. Officers of Income Tax and Customs cadres protested the discussion and called for revocation.[5][6]
Activities
According to the ordinance, the activities of the division include creation of a sustainable taxation system, formulation and correction of stamp law, definition and formulation of duties, taxes, tariffs, VATs and service charges, assessment of bilateral customs policies and agreements, assessment and research of revenue policy and noticing of revenue related activities.[6]
Criticism
The government's decision to create two new ministerial divisions drew flak from Transparency International Bangladesh and the Centre for Policy Dialogue.[7][8][9] The TIB criticized the move to split the NBR into two ministerial divisions as the executive capture of the revenue sector.[9]
Citations
- ^ "No possibility of dissolving NBR right now: Finance Ministry". Prothom Alo. 2025-05-22. Retrieved 2025-05-24.
- ^ "পরামর্শক কমিটির সুপারিশ আমলে না নিয়েই এনবিআর পৃথকের খসড়া অধ্যাদেশ". www.bonikbarta.com. Retrieved 2025-05-24.
- ^ "NBR abolished at midnight, ordinance issued". Prothomalo. 2025-05-13. Retrieved 2025-05-24.
- ^ www
.thedailystar .net /business /news /bangladesh-moves-split-revenue-authority-new-ordinance-3879816 - ^ "Govt. abolishes NBR, splits it into two new revenue divisions". United News of Bangladesh. 13 May 2025.
- ^ a b "এনবিআর ও আইআরডি বিলুপ্ত করে হচ্ছে দুটি বিভাগ, কী হবে তাদের কাজ". Prothom Alo (in Bengali). 13 May 2025.
- ^ "Revenue System at Risk of Executive Control: TIB". Transparency International Bangladesh. Archived from the original on 2025-05-24. Retrieved 2025-05-24.
- ^ "Division of NBR was not done properly: Debapriya Bhattacharya". Prothomalo. 2025-05-19. Retrieved 2025-05-24.
- ^ a b "Revenue management at risk of coming under executive control: TIB". The Daily Star. 2025-05-17. Archived from the original on 2025-05-19. Retrieved 2025-05-24.