-
Budget not mitigating crisis of disadvantaged groups: Citizen’s Platform for SDGs
The budget for this fiscal has not taken proper steps to mitigate the crisis of the disadvantaged people who have been hit hard by the ongoing economic crisis, analysts said today.
-
‘Issues of unemployed not addressed in budget’
The issues of unemployed and those who lost job both at home and abroad have not been addressed in the proposed budget, Bangladesh Institute of Labour Studies (BILS) said today.
-
Redesign stimulus packages for SMEs: experts at IBFB-BEI webinar
The stimulus packages for the small and medium enterprises (SMEs) should be expanded and redesigned in the next budget considering the Covid-19 pandemic situations, experts said in a webinar today.
-
Budgetary allocation for youth not enough: experts at SANEM-ActionAid event
The allocations for the youths in the budget is not enough to cope with the fallout induced by the Covid-19, speakers at a webinar said today.
-
Budget fails to address health, poverty, unemployment, CMSMEs issues: analysts at CPD event
The proposed budget for fiscal 2021-22 has failed to address the issues of health, poverty, unemployment and for the Cottage, Micro, Small and Medium Enterprises (CMSMEs), speakers said today.
-
Textile millers demand withdrawal of VAT, import duty on manmade fibre
Textile millers today demanded withdrawal of value added tax (VAT) and import duty on all kinds of manmade fibre for the potential growth of the non-cotton fashion industry to meet the global demand.
-
AL lawmaker from Cumilla-7 slams govt in parliament over graft, money laundering
A senior Awami League lawmaker came down heavily on the government in the parliament for corruption and money laundering in the country.
-
Incentives not sufficiently linked to employment generation for poor: Citizen’s Platform for SDGs
The incentives in the next budget are not sufficiently linked to employment generation particularly for the left-behind groups as well as the “new poor” due to the pandemic, Debapriya Bhattacharya, convenor of Citizen’s Platform for SDGs, Bangladesh said today.
-
Tax measures in budget to benefit private sector, industries: BCI
The Bangladesh Chamber of Industries (BCI) has said private sector and industries of the country will be benefited from the government’s tax measures in the proposed budget for 2021-22 fiscal year.
-
BASIS welcomes budget, but wants tax break until 2030
Bangladesh Association of Software and Information Services (BASIS) has welcomed the new national budget, but it expressed its worries as the fiscal plan did not include the proposals placed by the association.
-
FBCCI favours allowing black money in productive sector
The government can think of allowing investment of undisclosed money in the productive sector for some time, said Md Jashim Uddin, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).
-
Budget should have allocated more for health: Unnayan Shamannay
Money is not a problem for the implementation of the proposed budget, but vaccination has become the main concern now to bring back the business confidence, Unnayan Shamannay said today.
-
BGMEA demands continuation of 0.5% source tax for 5 years
The garment exporters today demanded continuation of the existing 0.5 per cent source tax for the next five years.
-
Proper assessment of Covid-19 impact absent in budget: SANEM
The proper assessment of the impact of the pandemic was absent in the proposed budget for 2021-22 fiscal year, said South Asian Network on Economic Modelling (SANEM).
-
Appreciable and bold budget: BUILD
The Business Initiative Leading Development (BUILD) has praised the proposed national budget for 2021-22 fiscal year and said it was a bold initiative to set the GDP growth target at 7.2 per cent amid the ongoing pandemic.
-
MCCI welcomes budget but worried over implementation
The Metropolitan Chamber of Commerce and Industry (MCCI) welcomed the proposed budget for 2021-22 fiscal year, but it thinks implementation of the annual plan will be the biggest challenge.
-
Proposed budget did not reflect people’s hopes, aspirations: BNP
The BNP today said that the proposed budget for fiscal year 2021-2022 did not reflect people's hopes and aspirations.
-
Kamal defends pro-business FY22 budget
Finance Minister AHM Mustafa Kamal today said his government would be able to implement the budget for the upcoming fiscal year like it did in the past.
-
Proposed 15% income tax on private universities unacceptable: Owners association
Private universities owners' association today said the proposed 15 percent income tax on private universities was unacceptable and contradictory to the Private University Act, 2010.
-
Budget proposal does not offer much to fight the pandemic: CPD
The proposed budget does not have much to offer in terms of concrete measures and innovative policies to combat Covid-19 induced challenges, said Centre for Policy Dialogue (CPD) today.
-
The people neglected in the budget
Despite the allocation of over Tk 107.6 billion for social security, the budget failed to become a refuge to the people with desperate needs, struggles and dreams.
-
TIB raises concern over insufficient allocation for health
The Transparency International Bangladesh has expressed concern for not having sufficient allocation in the next budget for critical sectors, including health, to combat the Covid-19 pandemic.
-
ICAB welcomes budget for reduction and changes in taxes, customs
The Institute of Chartered Accountants of Bangladesh (ICAB) welcomed the budget for the FY 2021-22 for the reduction of corporate tax rate, tax exemption from automobile, home appliance, light engineering along with tax incentive for employment of transgenders.
-
Budget realistic: FBCCI
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has tipped the new budget as realistic in the current context of the Covid-19 pandemic.
-
Budget won’t ease economic hardship: CPD
The proposed budget for the upcoming fiscal year will not be able to play its due role in offsetting the economic hardship arriving from the coronavirus pandemic, the Centre for Policy Dialogue said today.
-
Income tax on fish farming to increase
Finance Minister AHM Mustafa Kamal has proposed increasing the income tax for fish and poultry hatchery farmers with the introduction of a new tax slab for them.
-
Alcohol, perfume to be costlier
The government will increase advance income tax (AIT) on import of some luxury items, including alcohol and perfume, which will surely increase their prices at the local market.
-
Tax rebate on raw construction materials
The government plans to reduce tax on raw materials for construction sector from the next fiscal year.
-
Govt mulls 60,000 new flats in Purbachal, 8,400 in Uttara
The government has taken a plan to construct up to 60,000 new flats in Purbachal New Town and 8,400 in Uttara Sector 18.
-
Budget for 13 ministries and divisions reduced
Although the proposed budget for the 2021-22 fiscal year has seen around 6 percent increase compared to the outgoing budget, allocation for at least 13 ministries and divisions has reduced.
