national budget 2022-23
9 out of 10 Bangladeshi children want more education, health allocation: Unicef survey
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.
LIQUEFIED PETROLEUM GAS / VAT reduction extended for cylinder makers
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.
Only 5.43% of total budget allocated for health sector
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.
Budget 2022-23: Inflationary concerns not addressed adequately
If one looks at the inflationary measures that are proposed in the FY2022-23 budget, there are ample reasons to be frustrated.
Budget FY2022-23: How much did general people gain?
What percentage of public demand was reflected in the budget for the fiscal year 2022-23?
Pay tax timely or lose utility connections
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.
Wheelchair, hearing aid to be cheaper
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.
ICT Division get increased allocation of Tk 274 crore
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.
Broadband likely to be more expensive
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.
Dhaka Stock Exchange’s index, turnover both rise
Stock index and turnover rebound today as the investors hope the proposed national budget for 2022-23 to be announced tomorrow will have something positive for the market.
FY 2022-23 budget to be cautiously larger
The government is preparing the budget in a cautious way, refraining from increasing expenditure by too much of an extent, keeping in mind the ongoing global economic crisis stemming from the pandemic and Russia-Ukraine war, State Minister for Planning Shamsul Alam said.
New VAT likely for handsets, internet
The government is likely to hike value-added tax (VAT) on broadband internet and impose a 5 per cent VAT on handsets manufacturing in the upcoming budget, which will increase handset and internet prices from next fiscal year.
‘Increase allocation for education’
The upcoming budget should increase allocation in the education sector to make up for the losses during the Covid-19 pandemic, demanded Campaign For Popular Education (CAMPE), an education advocacy and campaign network, yesterday.
How is national budget made?
Bangladesh government presents the national budget every June. The national budget for the fiscal year 2022-2023 is going to be announced soon. Last year, the government presented a budget of Tk 6 lakh crore. There are talks of the budget being seven and a half lakh crore this time.
Issues that should be in focus in budget 2022-23
The finance minister of Bangladesh is scheduled to place the national budget for 2022-23 fiscal year at parliament on June 9.
Budget session for fiscal year 2022-23 begins at parliament
The budget session of the fiscal year 2022-23 began today (June 5, 2022) at the parliament.
Budget 2022-23: More tax for the rich
Bank accounts with upwards of Tk 1 crore in balance are set to face a higher excise duty next fiscal year as the government looks to collect more taxes from the relatively well-off to get close to the lofty revenue collection target.
Too many problems, not enough budget for our public schools
Lack of resources is often cited as the key reason behind this.
Budget 2022-23: Better targeted social safety net
The government is committed to using the long-overdue National Household Database (NHD) from the next fiscal year to better target the social safety net programmes, in a development that can infuse dynamism in the flat scheme.