BNP terms budget聽anti-state
The main opposition Bangladesh Nationalist Party on Sunday said that the proposed 2024鈥�25 national budget was not only anti-people, but...
Tags : Budget
Proposed budget provides fresh feast for big fishes: Fakhrul
The main opposition Bangladesh Nationalist Party secretary general, Mirza Fakhrul Islam Alamgir, alleged on Saturday that fresh arrangements had been made in the proposed budget for the fiscal year 2024-25 for fresh looting of the nation鈥檚 wealth.....
BNP to give reaction on proposed budget on Sunday
Bangladesh Nationalist Party will give its formal reaction to the proposed national budget for fiscal year 2024-25 on Sunday...
Legalisation of聽undisclosed money to encourage corruption: BNP
The main opposition Bangladesh Nationalist Party secretary general Mirza Fakhrul Islam Alamgir said on Friday that the proposed budget would...
A budget heavily dependent on loans, hardly helpful for poor
THE national budget for the 2025 financial year, which the finance minister proposed in the parliament on June 6, is high-deficit, with an aim to make up for the shortfall with resources coming from domestic borrowing, 20.2 per cent of the total outlay of Tk 7,970 billion, and foreign loans, 11.4 per cent, along with expected foreign grants of 0.5 per cent...
Justified govt spending needed to reduce tax burden on people: MCCI
The government should ensure that its project expenditures are justified and beneficial to the economy, which will help reduce the tax burden on people, according to the Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI)...
FICCI for allocation for tax, VAT system automation
The Foreign Investors Chamber of Commerce and Industry has expressed concerns over lack of allocation or specific directions for the automation of tax, value-added tax and customs administration in the proposed budget for the 2024-25 financial year...
AmCham for different entities for budget processes
The American Chamber of Commerce in Bangladesh has recommended that different entities should manage formulation and implementation of the national budget to address significant economic challenges and maintain financial integrity...
Black money whitening scope to promote graft: Jamiruddin
BNP senior leader Jamiruddin Sircar on Friday said that keeping the provision to legalise black money in the proposed budget amounts to 鈥榩romoting corruption鈥�.....
Govt seeks six months to curb inflation
The government has proposed the reintroduction of undisclosed money legalisation scopes in the new national budget to appease businessmen, officials...
Tk 100cr proposed to conduct adaptation activities for climate change
The government allocated Tk 100 crore in the proposed budget for the financial year 2024-25 to carry out adaptation activities aiming to cope with the...
VAT withdrawal proposed on aircraft engine, propeller parts
The budget for 2024-25 financial year proposed to withdraw VAT on aircraft engines and spare parts of propellers at the import stage to support the growth of...
Business leaders express mixed reactions
The country鈥檚 business leaders on Thursday expressed their mixed reactions over the proposed national budget for the financial year 2024-25 placed by the...
Education鈥檚 share of GDP keeps falling
The share of education in gross domestic product fell again after the announcement of the proposed national budget for the financial year...
Govt passes burden onto people
People are in for a rough ride ahead as the government decreased the overall allocation in the power and energy sector, compared with the last fiscal year, in the...
Increased health budget unlikely to help people
The government proposed a Tk 3,356 crore increase in budget allocation for the health and family welfare sector for the FY2024鈥�25 which experts viewed...
Priority sector agriculture sees nominal budget increase
In the proposed budget for the financial year 2024鈥�25, the allocation in the agriculture sector remained almost unchanged, compared with the previous year, despite agriculture was termed a priority sector during the budget announcement...
Most parties reject budget
Most of the political parties in the country rejected the proposed national budget for the financial year 2024鈥�25 on Thursday, saying that it was not pro-people and would rather encourage corruption...
Tax measures to take toll on honest, relieve errant
Finance minister Abul Hassan Mahmood Ali on Thursday announced a series of measures, including reintroducing scope for legalising undisclosed money by paying tax at a...
Activists express disappointment over allocation for culture
Cultural activists said that they were disappointed over allocation for cultural affairs ministry in the proposed national budget for 2024-25 fiscal year placed in the...
Proposed budget requests MPs to pay tax for importing cars
Finance Minister Abul Hassan Mahmood Ali on Thursday requested the members of parliament to set a noble example by amending the privilege of importing duty-free cars for personal use....
Capital gain tax proposed for general investors if income crosses Tk聽50 lakh
Finance minister Abul Hassan Mahmood Ali has proposed that general investors in the capital market pay capital gain tax from the 2024-25 financial year if their income crosses Tk聽50 lakh...
Stocks rise slightly on budget day
Dhaka stocks witnessed a slight rise on Thursday after a fall in the previous session, as investors were active on both sides of the trading fence, before the announcement of the national budget for the 2024-25 financial year later on the day, market operators said...
CPD criticises black money whitening provision in proposed budget
The Centre for Policy Dialogue, in an immediate response on Thursday to the proposed budget, expressed appreciation for the reduction of taxes on some essential items....
Mobile call, internet services to get costlier as tax raised
Finance minister Abul Hassan Mahmood Ali has proposed that supplementary duty on mobile phone SIM-enabled telecommunication services to be increased to 20 per cent from the existing 15 per cent in the proposed national budget for 2024-25 financial year...
FY25 budget size $3b less than FY24 budget for devaluation of taka
The national budget proposed by the government on Thursday is approximately $3 billion less than the budget proposed for the previous financial year...
No more 24-carat gold under baggage rules
Titled 鈥楶romise to Construct a Happy, Prosperous, Developed, and Smart Bangladesh鈥�, finance minister Abul Hasan Mahmood Ali unveiled the budget for the upcoming fiscal year 2024-25, totaling Tk 7 lakh 97 thousand crore....
Corporate tax cut to 25pc proposed
Bangladesh government is all set to curtail corporate income tax by 2.5 percentage points in a bid to encourage compliance with a condition of promoting cashless transactions....
Proposed budget a new plan of looting: BNP
The main opposition Bangladesh Nationalist Party on Thursday called the proposed budget for the 2024鈥�25 financial year a 鈥榥ew plan of looting,鈥� claiming...
Tobacco products to be cheaper compared to essential commodities: campaigners
Two anti-tobacco platforms PROGGA (Knowledge for Progress) and Anti-Tobacco Media Alliance (ATMA) claimed that the proposed national budget for FY2024-25, if adopted, will once again make tobacco products cheaper and more affordable....