The government has set an ambitious target of setting up 100 economic zones in the next 15 years, says the finance minister in his budget speech today.
The government finally takes initiative to develop a bond market in the country.
The government finally takes initiative to develop a bond market in the country.
The government proposes to withdraw value added tax (VAT) on a number of products and services to encourage local industries grow further.
The size of the proposed budget is not unrealistic, but it has several challenges to tackle, the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) said yesterday.
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Landlords would have to pay half the rent in fine if they dodge taxes on the income.
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A leading chamber yesterday praised the government's big allocation for infrastructure saying the implementation of some mega projects would improve the country's investment climate.
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BNP acting secretary general Mirza Fakhrul Islam Alamgir yesterday said the government had placed the budget for the next fiscal year in a bid to stay in power without people's mandate.
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The super rich will face higher taxes in the next fiscal year as the government has proposed introducing two more slabs to impose higher surcharge for generating more revenue.
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This year's budget brings some good news for people struggling to cope with their healthcare expenditures.
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Din Mohammad Alam, a farmer in Natore, could not be happy when he watched Finance Minister AMA Muhith speaking on agriculture budget yesterday afternoon.
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