Bangladesh National Budget FY2024-25

Bangladesh National Budget FY2024-25

Tk 7,97,000 crore budget passed in parliament

The parliament today passed the Tk 7,97,000 crore national budget for the 2024-25 fiscal year with the aim of achieving 6.75 percent GDP growth rate and keeping annual inflation at around six percent

4m ago

Whitening black money: 3 MPs slam govt for keeping the provision

Two ruling Awami League MPs and a Jatiya Party MP today in parliament criticised the government for keeping the provision of whitening the black money in the proposed budget for 2024-25 fiscal

4m ago

JS passes over Tk 30,643.51cr supplementary budget for FY24

The parliament today passed the supplementary budget of Tk 30,643.51 crore for the fiscal 2023-24 to meet the increased expenditures under different ministries and divisions for the outgoing fiscal year ending June 30

5m ago

What can we learn about universal health coverage from global experiences?

Allocation of resources to the health sector and proper utilisation of that allocation are crucial for achieving universal health coverage (UHC)

5m ago

Govt measures will tame rising inflation

Finance Minister Abul Hassan Mahmood Ali yesterday expressed hope that the government would be able to curb high inflation on the back of budgetary measures and the central bank’s steps.

5m ago

Tax exemption in FY25 rises to Tk 163,000cr

Tax exemptions provided by the National Board of Revenue (NBR) are estimated to rise to Tk 163,000 crore in fiscal 2024-25 as the tax administration looks to ease the pressure on individuals and facilitate higher economic growth.

5m ago

No concrete steps to address inflation, low reserves: CPD

The proposed national budget for fiscal 2024-25 lacks concrete measures for addressing the current economic concerns, such as runaway inflation and depleting foreign exchange reserves, the Centre for Policy Dialogue (CPD) said yesterday.

5m ago

Tk 100cr allocation proposed for tackling climate crisis

Finance Minister Abul Hassan Mahmood Ali has proposed to set aside a special allocation of Tk 100 crore for climate change and environmental protection in the national budget for the fiscal year 2024-25

5m ago

No VAT on aircraft engine parts, propellers

Proposes budget; operators welcome the move

5m ago

Good news for kidney patients

Dialysis to get more affordable as import duty on equipment to reduce

5m ago

Want to rent a community centre? You need proof of tax return!

With the goal of expanding the tax net, the government has proposed that proof of tax return be submitted by individuals looking to avail the services of community centres, convention halls, or similar establishments

5m ago

NBR introduces prospective tax rate for the first time

The tax administrator will retain 2024-25’s tax rate for this year and the next year

5m ago

No more 'free ride' for MPs

25pc duty proposed on cars imported for lawmakers

5m ago

Budget share for home ministry sees slight drop

The proposed budget share for the 2024-25 fiscal year for the home ministry has been slightly decreased in terms of the total budget compared to the outgoing fiscal year

5m ago

Bulbs, tube lights may get pricier

The VAT on these products may rise to 15% from the existing 5%

5m ago

Clothing irons may become more expensive

The VAT on the home appliance may rise by a 5 percentage points

5m ago