2015-16 budget
Prices down, prices up
The finance minister proposes changes to duties and taxes on different products, which will result in increase and decrease in their prices.
REPORT CARD ON MR. MUHITH
AL'S affable finance minister is a lucky man having done the national budget more number of times than any other finance minister.
Rampal plant no threat to Sundarbans: PM
Prime Minister Sheikh Hasina says if there was any possibility of adverse effects on the Sundarbans due to Rampal power plant, the government would not have decided to construct the plant.
Money for unsettled audit objections double of budget: Muhith
The number of unsettled audit objections against 55 ministries or divisions is 8,53,314 involving Tk 6,15,606 crore which is almost double of the proposed budget of the next fiscal year.
Budget 2015-16 / An unconventional perspective
In any case, the lowering of corporate tax is bad for the economy holistically as it will serve to widen inequality between the super-rich and the waged worker.
Menon deplores govt’s failure to curb graft
Expressing dissatisfaction over government's failure to ensure good governance, Rashed Khan Menon saysthe country's GDP growth rate will rise by 2.5 percent if corruption can be curbed effectively.
Thinking Ahead
There are very few programmes that exclusively target the extreme poor. A background paper has revealed the actualw amount allocated in the budget for the extreme poor may be even below 1 percent of the GDP.
Cutting interest rate on savings will affect all: Matia
Agriculture Minister Matia Chowdhury sharply criticizes finance minister AMA Muhith for proposing to cut the interest rate on all saving certificates in the proposed budget for 2015-16 fiscal.
Budget 2015-2016: GDP growth and private investment
Bold and aggressive measures are needed to establish specialised economic zones to attract private investment. Large scale public investments are required for special economic zones. Thus, the call for very ambitious growth target for revenue seems justifiable.
Govt targets $200m from tourism by 2018
The government has aimed at earning US$200 million by 2018 through improving the facilities at different tourist attractions.
Call charges to rise
Moblie phone call expense and SIM cards will get costlier with the duty proposed by Finance Minister AMA Muhith in the budget for 2015-16 fiscal.
4pc VAT for online trading: Muhith
Finance Minister AMA Muhith today floats the proposal to impose VAT at the rate of 4 percent on the online trading sector.
Civil servants' bonus, festival allowances also come under tax
Finance Minister Muhith proposes imposing tax on bonus and festival allowances of civil servants besides their salary in the 2015-16 budget.