The government saw a budget surplus of Tk 11,865 crore in the first quarter of the current FY due to lower spending
An independent body recommending viable prices for all commodities under its mandate, is something the government must consider.
The government has implemented a carbon tax for owning multiple vehicles to lower carbon emissions, deal with city traffic, and encourage the use of public transportation.
While local car owners are already paying high taxes for vehicle ownership, this new carbon tax will exert a heavier toll on taxpayers who own more than one car.
Our education decision-makers have a narrative that largely denies any serious deficiency in the system.
In light of the economic hardships Bangladesh has been going through, there were certain expectations from the national budget of 2023-24 fiscal year.
The government should adjust the budget expenses by cutting the allocation under the Annual Development Programme (ADP) and bringing down operating costs in order to contain inflation, said Ahsan H Mansur, executive director of the Policy Research Institute.
If we choose only 10 commodities and measure inflation, the figure will land at no less than 20 percent.
Bangladesh government should own up to its mistakes
Finance Minister AHM Mustafa Kamal today proposed doubling the property registration tax for the next fiscal year in order to increase the government’s revenue collection.
While placing the proposed national budget for the 2023-24 fiscal year today, Finance Minister AHM Mustafa Kamal has proposed changes to duties on different products, which will result in increase and decrease in their prices
The total amount of tax subsidies given in the form of rebates, discounts, exemptions and reduced rates will be Tk 1,78,241 crore in the current financial year.
The government will bring the payments of all cash-based social safety net programmes under the electronic fund transfer system from the coming fiscal year.
The allocation for the ICT Division may increase by Tk 452 crore to Tk 2,368 crore in the proposed budget for 2023-24 fiscal year.
Finance Minister AHM Mustafa Kamal today proposed increasing the social safety net programme allocation by 11 per cent year-on-year for fiscal year 2023-24.
Individuals who are required to submit income tax returns to avail of various government services will have to pay a minimum tax of Tk 2,000 even if they do not have taxable incomes.
As the cost of living continues to rise, it has becoming increasingly challenging for the middle class to maintain financial stability.
The budgetary allocation to the Ministry of Science and Technology may decline by Tk 3,007 crore or 22 per cent to Tk 13,607 crore in the proposed budget for 2023-24 fiscal year.
The total budget for Election Commission increased by Tk 868 crore in the election year.
