Bangladesh Bank has failed to cool down the volatility in the foreign exchange market despite an injection of more than $2.30 billion so far in fiscal 2017-18.

An alliance of 20 local non-governmental and civil society organisations yesterday urged the government to cut dependence on value added tax (VAT), as it takes a heavy toll on the poor.

No value added tax (VAT) has been slapped on inward remittance, the National Board of Revenue said yesterday.

No VAT or tax has been imposed on remittance in the proposed budget for 2018-19 fiscal year, the National Board of Revenue (NBR) says.

Opposition MPs continue their scathing attacks on Finance Minister AMA Muhith in Parliament for his 'failure' to restore discipline in the banking sector.

Nothing budges Finance Minister AMA Muhith after yesterday’s spree of attacks as he kept from commenting over the banking sector at parliament today.

A group of ICT trade bodies reiterate demands of lowering the cost of internet and criticised the government for not having internet-friendly measures in the budget plan.

​Opposition and some of the ruling party lawmakers in the parliament criticises Finance Minister AMA Muhith for not stating any measures in the proposed budget for fiscal 2018-19 against irregularities in the financial and banking sectors.

After a recess of two days the budget session resumed in the parliament. The day’s sitting started at 11:05am with Speaker Shirin Sharmin Chowdhury in the chair.

The proposed budget for fiscal 2018-19 does not have any directions to meet the Sustainable Development Goals (SDGs), South Asian Network on Economic Modeling (SANEM) says.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) demands stern punishment for the people involved in in misappropriating money from the country's banks.

E-commerce association Bangladesh (eCAB) demands a five to ten years of tax holiday for the sector.

Awami League General Secretary Obaidul Quader trashes BNP’s claims and said the budget has been placed considering the interest of the countrymen.

Metropolitan Chamber of Commerce and Industries (MCCI) expresses discontent over the proposed corporate tax structure in the budget for fiscal 2018-19.

The budget for next fiscal has been designed to plunder public money ahead of the next general election, BNP says.

Online shopping will be excluded from the purview of 5 percent value added tax (VAT) that was proposed on virtual businesses in the budget for FY 2018-19.

Finance Minister AMA Muhith says an implementable budget has been proposed for Fiscal Year 2018-19.

The Centre for Policy Dialogue (CPD) in its analysis of the National Budget for FY 2018-19 strongly opposes the government’s move to lower corporate tax rate for banks, insurance and financial institutions by 2.5 percent in the proposed budget.

Owners of two motor cars or residential property with a total area of eight thousand square feet in city corporations will have to pay a 10 percent surcharge on their income tax.

Finance Minister AMA Muhith said Bangladesh can attain 10 percent GDP growth through decentralisation of power by establishing autonomous local governments in districts and metropolitan cities.