National Budget 2018-19
JS passes national budget FY 2018-19
The Jatiya Sangsad passes the proposed Tk 4,64,573 crore national budget for 2018-19 fiscal year.
Minister suggests lowering prices of liquor
Housing and Public Works Minister Engr Mosharraf Hossain suggests cutting down customs duty on liquor for the sake of flourishing tourism in the country.
No VAT on remittance: NBR
No VAT or tax has been imposed on remittance in the proposed budget for 2018-19 fiscal year, the National Board of Revenue (NBR) says.
MPs blast Muhith for bank scams
Opposition and some of the ruling party lawmakers in the parliament criticises Finance Minister AMA Muhith for not stating any measures in the proposed budget for fiscal 2018-19 against irregularities in the financial and banking sectors.
No directions on SDGs in proposed budget: SANEM
The proposed budget for fiscal 2018-19 does not have any directions to meet the Sustainable Development Goals (SDGs), South Asian Network on Economic Modeling (SANEM) says.
Tax measures to hurt middle class
The proposed budgetary measures for fiscal 2018-19 will benefit the high and low income people, leaving the middle- and lower middle-class, which form the majority of Bangladesh's population, strained, said the Centre for Policy Dialogue yesterday.
No cheers in tax measures
Every year when the budget is placed in the parliament, Taufiq Hasan, a 35-year-old private sector employee, gets all worked up about which products and services he would have to pay more the following fiscal year.
Bowing to banks
The government is continuing to treat banks with kid gloves instead of going tough on them for the rampant financial irregularities and continued poor judgement.
Supplementary Budget: Muhith says sorry for inadequate discussions
For the first time in Bangladesh, a finance minister apologised for his inability to create an opportunity to hold elaborate discussions on supplementary budget in parliament.
Electronic Fiscal Devices to be mandatory to avoid VAT evasion
Resorts, hotels and businesses will have to use electronic fiscal devices (EFD) from the next fiscal year -- a move the revenue authorities have taken to combat value-added tax evasion.
Muhith sets record placing 10 consecutive budgets
Finance Minister AMA Muhith becomes the first finance minister in Bangladesh history to present 10 consecutive national budgets.
Duty on imported rice re-imposed to protect farmers
Finance Minister AMA Muhith today proposes to re-impose 25 per cent customs duty and 3 per cent regulatory duty on rice imports to protect the farmers as the country got a bumper paddy production in the boro season.
2.7% more investment in energy div
Power and energy division occupies about 5.3 per cent of the biggest ever budget placed at the parliament.
20% of total budget for children by 2020: Muhith
Finance Minister AMA Muhith sets a goal to allocate 20 percent of total budget for children by 2020 as part of mainstreaming children development in the national planning and budgeting.
Cosmetics, toiletries to get costlier
Fresh duty schemes have been drawn up on cosmetics and toiletries items, which is expected to push the prices of such items higher.
Govt sets 7.8% GDP growth target, inflation drops to 5.6pc
The government has set a target of 7.8 per cent GDP growth for the next fiscal year.
Govt opts to go green, slaps duty on polythene
Finance Minister AMA Muhith has opted to go green and discourage people from using polythene products and poly-packaging.
Small and old apartments to be costlier
Bad news for the middle-income group as the government is opted to impose higher VAT rates for smaller apartments at a time when sales have picked up.
Muhith unveils Tk 4,64,573cr budget for FY19 setting 7.8pc growth target
Finance Minister Abul Maal Abdul Muhith rolls out a Tk 4,64,573 crore national budget for fiscal year 2018-19 setting the GDP growth target at 7.8 percent and outlining a set of plans-strategies to build a prosperous, happy and peaceful country.