National Board of Revenue (NBR) Chairman Abdur Rahman Khan said that the revenue shortfall at the end of the current FY 2025–26 will remain below BDT 1 trillion. There’s still time left in the fiscal year, and the NBR will make every effort to get as close as possible to its revenue target, he added.

“We’ll try to get as close to the target as we can. We’re placing maximum emphasis on collecting outstanding revenues from major taxpayers during June. By looking at the revenue collection trend in May and the ongoing activities in June, you’ll be able to make an assessment. I hope the gap you’re anticipating will, in reality, be smaller. We are working toward that goal,” he said in response to a question from journalists.

He made the remarks on Sunday afternoon while speaking at a seminar on the Finance Bill 2026–27, organised by the Economic Reporters Forum (ERF).

Addressing concerns about the taxation of income earned from savings certificates, the NBR chairman said that taxes on profits from savings certificates have not been increased in the proposed budget.

He explained that the tax treatment of savings certificates is somewhat complex, as many investors also earn income from salaries, rental properties, or other sources. For individuals with multiple income streams and relatively higher earnings, the overall tax burden may increase. Previously, they paid a flat 10 percent tax on savings certificate income, but under the new arrangement, their total income may be taxed at rates of 20, 25, or even 30 percent.

“This is a normal tax principle — those with greater ability to pay should pay more taxes. On the other hand, individuals who have no income source other than savings certificates won’t face additional taxation. If necessary, there will be provisions for adjustment or refunds,” he said.

Under the previous system, tax deducted at source on savings certificate interest could not be adjusted against tax liabilities arising from other income sources, the NBR chairman further noted. Consequently, taxpayers had to bear that tax separately.

“Under the new system, the tax deducted at source on savings certificate income can be adjusted against a taxpayer’s overall tax liability. All calculations indicate that this arrangement will reduce the total tax burden on taxpayers because of the opportunity to offset the tax already deducted at source,” he added.