Revenue Policy Division
Revenue Policy Division is a proposed ministerial division of the Ministry of Finance of the Bangladesh government. The division is to established along with Revenue Management Division after dissolving the National Board of Revenue.
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. 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.
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.
Criticism
The government's decision to create two new ministerial divisions drew flak from Transparency International Bangladesh and the Centre for Policy Dialogue. The TIB criticized the move to split the NBR into two ministerial divisions as the executive capture of the revenue sector.