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.
Muhith’s post-budget press conference tomorrow
Finance Minister Abul Maal Abdul Muhith will address a post budget press briefing tomorrow, according to a finance ministry press release.
Tax policies should be consistent
The boom in the manufacturing sector, especially in the developing countries has been a boon to the GDP growth of many traditionally consumer-oriented economies.
Creating fiscal space to finance development
Bangladesh should be justifiably proud of its development achievements and this progress accelerated over the past decade.
Tenth, toughest
As we understand, budgets are drawn up to prioritise where to spend money and how to do it. It is also about how to collect that money. The end result would be growth, prosperity and a people better equipped to face the tomorrow.
Budget Implementation: Poor show exposes dearth of capacity
The budget implementation rate has been falling consistently for the last seven fiscal years, exposing poor capacity of government agencies and the widening gap between planning and execution.
Budget Expectations
Job creation has become imperative given the rising unemployment among graduates and a sizeable young demographic. But those who are supposed to create the much-needed jobs, the business community, finds a quick survey by The Daily Star to gauge the expectations of the business community from the budget for fiscal 2018-19.