National Budget 2019-20
NGO’s want more budget for the disabled
A group of non-government organisations have called upon the government to reconsider the budgetary allocation for people with disabilities.
Budget Discussion: Opposition slams govt over paddy price
Opposition lawmakers yesterday came down heavily on the government for its failure to ensure fair price of paddy and check money laundering, soaring loan defaults and black money.
New VAT law will push up living cost
The new VAT law may increase cost of many goods and services and hurt consumers, analysts said yesterday.
The affluent to benefit more
The budgetary measures for fiscal 2019-20 will favour the beneficiaries of “economic misrule” and hurt the middle and lower mid-income groups, the Centre for Policy Dialogue said yesterday.
New budget to increase inequality
Terming the proposed national budget “highly ambitious”, the BNP yesterday said the people of the country would not accept the budget as it would increase inequality.
Make new VAT law business-friendly
Leading business associations yesterday urged the government to ensure easy, hassle-free and business-friendly implementation of the new VAT law.
Pay more for digital delight
At a time when the government should be encouraging virtual businesses, Finance Minister AHM Mustafa Kamal has proposed 7.5 percent value-added tax on them in his budget for fiscal 2019-20, making their services dearer.
TIB slams amnesty for black money
Transparency International Bangladesh (TIB) yesterday strongly condemned the proposed amnesty for black money in the budget for fiscal 2019-20 and termed it “unconstitutional, immoral and discriminatory”.
THE BIG FOUR
THE BIG FOUR
Finance minister unwell; PM presents remaining budget speech
As Finance Minister AHM Mustafa Kamal has been feeling unwell, Prime Minister Sheikh Hasina took on the task of presenting the remainder of the budget speech at the national parliament.
No hike in income tax, plan to widen collection
With a plan to collect more tax, Finance Minister AHM Mustafa Kamal proposes not to increase the tax rate.
Tk 100cr for people displaced by river erosion
Finance Minister AHM Mustafa Kamal proposes allocation of Tk 100 crore to facilitate rehabilitation of the people affected by river erosion.
Mobile phone use cost to increase 5 per cent
Mobile phone users are going to face higher bills for usage as supplementary duty proposed to make double as 10 per cent from its existing 5 per cent in the proposed budget.
Power, energy get Tk 28,051cr
Finance Minister AHM Mustafa Kamal proposes to allocate Tk 28,051 crore for the power and energy sector in the new fiscal year, up by 5.84 per cent from Tk 26,502 crore in 2018-19.
New schools to be added to MPO list
Necessary funds are allocated for the enlistment of new schools under MPO (Monthly Pay Order) system in the proposed national budget for FY 2019-20.
Tk 5.2tr budget aims 8.2% growth
The budget for fiscal 2019-20 is aiming for a growth rate of 8.2 per cent, banking heavily on the expected growth of the running fiscal.
Budget prioritises business, pvt sector growth
The budget for fiscal 2019-20 is focusing on grooming business and private sector growth, Finance Minister AHM Mustafa Kamal has said.
Budget FY 2019-20: Revenue collection estimated at Tk 3,77,810 crore
Total revenue collection is estimated at Tk 3,77,810 crore in the proposed national budget for fiscal year 2019-20.
Cabinet okays national budget for FY 2019-20
The cabinet has approved the proposed national budget for fiscal year 2019-20. It was approved around 2:15pm with Prime Minister Sheikh Hasina chairing the special meeting held at the parliament complex, Parliament Secretariat sources said.