Nine out of ten Bangladeshi children say it is very important for the government to spend more on education, health and other areas that directly impact children, according to a new survey of Unicef.
The National Board of Revenue (NBR) has extended for another year a value added tax (VAT) reduction for local liquefied petroleum gas (LPG) cylinder manufacturers, who believe it would help keep fuel prices low against rising demand.
The health sector was yet again neglected in the national budget, with Finance Minister AHM Mustafa Kamal earmarking around Tk 36,864 crore -- 5.43 percent of the total budget -- for the sector.
If one looks at the inflationary measures that are proposed in the FY2022-23 budget, there are ample reasons to be frustrated.
What percentage of public demand was reflected in the budget for the fiscal year 2022-23?
From the next fiscal year, the tax authority is going to introduce a provision of disconnecting utility services of taxpayers for their failure to pay undisputed revenue demand of the government.
The prices of specialised wheelchair for the physically challenged may fall in the next fiscal year as the finance minister today proposed abolishing all kinds of taxes at the import stage of the item.
According to the budget for the fiscal year 2022-23, it has been proposed that Tk 1,917 crore will be allocated for the ICT Division.
A 10 percent supplementary duty on the import of optical fiber cable has been proposed in the new budget for FY 22-23. Md Imdadul Hoque, President of Internet Service Providers Association of Bangladesh (ISPAB), says that the increased taxation on optical fiber import will increase the price of broadband internet in the country.
Finance Minister AHM Mustafa Kamal has reached the National Parliament to present the National Budget for the financial year 2022-23 today.
Finance Minister, AHM Mustafa Kamal will be presenting the proposed budget for the financial year of 2022-2023 on Thursday, June 9, 2022. Alongside the general public, Bangladeshi celebrities and stars also have certain expectations from the government in regards to the upcoming budget. Actor Sohel Rana, musician Kumar Bishwajit, actor Riaz Ahmed and actress Meher Afroz Shaon spoke to The Daily Star about their expectations for the budget.
The budget for the next fiscal year should be framed by taking into account the new challenges facing the economy and the cost of living crisis confronting people, said a noted economist.
Austerity and generosity may not go hand in hand, but Finance Minister AHM Mustafa Kamal faces a situation where he has to apply both when he unveils the budget for the next fiscal year today.
AHM Mustafa Kamal, whose life has been full of struggles, had dreamt of becoming the finance minister, so he consciously entered politics.
What is the purpose of the national budget? In essence, it is to allocate scarce resources.
How can they contribute to the budget without taking part in the discussions?
Prime Minister Sheikh Hasina yesterday said the government started a process to collect an additional $1,000 million as budgetary support to tackle future emergency situations and the economic crisis stemming from the Russia-Ukraine war.
Although the child-centric budget allocation increased in terms of size over the last two fiscal years, it dropped from 2.78 percent of Gross Domestic Product (GDP) to 2.63 percent.
Prime Minister Sheikh Hasina yesterday said the government started a process to collect an additional $1,000 million as budgetary support to tackle future emergencies and the economic crisis stemming from the Russia-Ukraine war.