budget
Dhaka bourse’s major index hits 38-month low
The major index of the Dhaka bourse fell significantly today, the first trading day after the proposed national budget was placed in parliament on June 6
Tight budget in austere times
With an aim to restore macroeconomic stability, reduce inflation, and contain pressure on foreign currency reserves, Finance Minister Abul Hassan Mahmood Ali is going to place a Tk 7,96,900 crore budget for the 2024-25 fiscal year tomorrow.
Next budget to be slightly expansionary
However, the minister did not respond when journalists asked how the budget could be expansionary when it will increase by only four percent compared to the current budget.
Govt sees budget surplus of Tk 11,865cr in Q1
The government saw a budget surplus of Tk 11,865 crore in the first quarter of the current FY due to lower spending
Gadgets on a budget: Things you need to know about geysers and heaters
Geysers and room heaters are not just appliances; they bring comfort and warmth to families.
Why is government support for poor going to non-poor?
Only 40 percent of social safety net budget catering to poor, vulnerable groups
Utilising Funds: Health ministry fares worst, yet again
The health ministry continues to struggle with utilisation of funds allocated in the national budget, like it did in the past few years.
Reining in inflation top priority
The government is going to unveil a Tk 7,61,785 crore budget for the next fiscal year on Thursday, setting containment of high inflation as a major target.
Raging Inflation: Not much help on the way for the poor
Even though poor people are struggling to make ends meet amid runaway inflation, the government allocation for social safety net programmes may not increase much in the next fiscal year.
Revenue collection target high but achievable: Muhith
Finance Minister AMA Muhith says the revenue collection target of the proposed for fiscal 2015-2016 is high, but achievable.
Export tax rises to 1pc
Finance Minister AMA Muhith in his budget speech proposes an increase of tax at source for all export sectors to 1 percent.
Initiative to manage pensioners’ fund effectively
The government has decided to establish a Pension Fund Management Authority to manage government employees’ pension fund effectively.
Tk 200cr for enclave people
The finance minister proposes allocating Tk 200 crore for expediting development in the enclaves in the upcoming fiscal year.
Wage earners offered tax benefit
The government finally takes initiative to develop a bond market in the country.
Source tax withdrawn from bond, bills
The government finally takes initiative to develop a bond market in the country.
VAT exemption for local industries
The government proposes to withdraw value added tax (VAT) on a number of products and services to encourage local industries grow further.
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.
Digital land services by 2020: Minister
Finance Minister AMA Muhith say the land related services in the country will be digitised by 2020.
Muhith unveils Tk 2.95 lakh crore budget
Finance minister is unveiling the budget for 2015-16 fiscal – what is believed to be a jumbo size of around Tk 295,100 crore.