The Trend Analysis of Government Revenue Collection from Tax Revenue and Non-Tax Revenue in Association with Annual Budget

Abstract

Revenue is one of the most important sources of financing for any country's growth, wherefore revenue is the important source of funding for Bangladesh's development. The government earns revenue through tax revenue and non-tax revenue and prepares the budget of the country. Hence, it is very important to maintain the continuity of growth of this revenue generation. The purpose of this research is therefore to analyze the amount of revenue generated by the government consisting of tax revenue and non-tax revenue, to compare the increase in revenue with the trend analysis as well as the increase in budget. To illustrate this study, secondary data have been collected from various government surveys, reports and paper. Following the analysis and visualization of these data, it was discovered that, in general, the quantity of total revenue, tax revenue, and non-tax revenue is rising year by year in accordance with the budget. On the other hand, when the amount of changes in this revenue is considered, such as total revenue changes, tax revenue changes, and non-tax revenue changes in each financial year, it can be observed that in recent years, both decreases and increases have occurred in comparison to prior years. Which basically indicates an unstable growing trend of revenue collection. The data, illustrations and interpretations of this study will help in the future analysis of total revenue, tax revenue or non-tax revenue, and future budgeting related any tasks.