The proposed national budget for 2019-20 fiscal year will ensure facilities only to high-income people, says Centre for Policy Dialogue (CPD) distinguished fellow Dr Debapriya Bhattacharya.

Association of Mobile Telecom Operators of Bangladesh (AMTOB) in a budget reaction has termed the incremental supplementary duty on mobile phone uses as a “suicidal decision”.

The government will bring all eligible taxpayers under the tax net, says Finance Minister AHM Mustafa Kamal.

Bangladesh government has planned to build 60 thousand flats under the public-private partnership (PPP) system in Purbachal, which is a new city of Dhaka.

The government has significantly raised the prices of tobacco products to curb consumption.

All eyes were on fever-stricken Finance Minister AHM Mustafa Kamal as he stepped into parliament to unveil his maiden national budget yesterday.

Rejaul Karim, a college teacher by profession, took a personal loan of Tk 6 lakh at 9.50 percent interest from a private commercial bank in 2015 to tackle some family emergencies.

More than a year ago, when Mohammad Zayed graduated from a university college in the capital, his family started expecting that he would soon take over the financial responsibility.

The new budget is growth-friendly and has set ambitious goals but shied away from addressing the key challenges confronting the economy, said a number of economists in their immediate reactions.

The health budget proposed yesterday did not address the issue of rising expenditure of healthcare in the country that forces some four to five million people into poverty every year, analysts said.

In 2010, the government decided to construct a 128-kilometre (km) metre gauge rail track to link Chattogram with tourist town Cox’s Bazar at a cost of Tk 1,852.35 crore.

Tax-free dividend income raised to Tk 50,000 from Tk 25,000; ​15% additional tax imposed on retained earnings over 50% of paid-up capital

A look at the revised budget for the outgoing financial year and its state of implementation up to the month of March reconfirm the main weakness of our financial management, namely, the persistently low revenue mobilisation that routinely misses its target.

Walking back on its election pledge to eradicate black money, the government in its first budget of the current tenure has once again kept the scope for whitening money.

Imported smartphones are scheduled to turn much costlier as the government has proposed increasing supplementary duty from 10 percent to 25 percent.

Afsana Rahman’s maternity leave is about to end, and so baby formula milk will soon have to substitute breast milk for her second child. As she and her husband are both job holders with fixed income, she now has to adjust her monthly expenditures to make ends

Gani Mia is a farmer with no land of his own. He grows paddy, jute and other crops in others’ fields. His story, though fictitious, is in school textbooks and etched in the minds of many. It stands true for a large number of the country’s farmers, especially the marginal ones.

Prime Minister Sheikh Hasina yesterday presented parts of the national budget as Finance Minister AHM Mustafa Kamal fell sick halfway through his speech.

The ruling Awami League yesterday termed the proposed national budget “pro-people” and “realistic” but the Bangladesh Nationalist Party (BNP) and the Communist Party of Bangladesh (CPB) were critical.

In a stark contrast to the past few years, Finance Minister AHM Mustafa Kamal proposed 10 percent supplementary duty on issuance or renewal of all kinds of vehicle reg-istration, route permit, fitness certificates and ownership certificate—with exemptions for