Energy pie gets bigger

The government's allocation for the power and energy sector has been rising in the last one decade, but the country is still struggling to meet the spiralling demand for energy.
7 June 2018

No cheers in tax measures

Every year when the budget is placed in the parliament, Taufiq Hasan, a 35-year-old private sector employee, gets all worked up about which products and services he would have to pay more the following fiscal year.
7 June 2018

Budget not realistic: analysts

The proposed budget for the next fiscal year is unrealistic, as it lacks significant structural and policy changes, analysts said in their immediate reaction yesterday.
7 June 2018

Safety Net Widens: Poor to benefit from electronic fund transfer

The government is going to bring another 12 lakh people under social safety net programmes in the next financial year with the introduction of an electronic fund transfer system to ensure that the money goes directly to the accounts of the beneficiaries.
7 June 2018

No prescription for 'slow' virus

Fast-track projects, as the title suggests, are supposed to be implemented at breakneck speed because they boost economic activities once they are complete.
7 June 2018

Jute mills to be revived by PPP initiatives

The government will bring an end to the vulnerable situation public jute mills are in by running those under the public private partnership (PPP) model.
7 June 2018

VAT burden on consumers going up

VAT burden on consumers are going to rise as the revenue authority focuses more on increasing the existing rate of VAT on various goods and services to attain increased collection goal for the next fiscal year 2018-19.
7 June 2018

Muhith gives outline of Universal Pension Scheme

Finance minister AMA Muhith gives an outline of Universal Pension Scheme and hopes that preparatory work for its implementation may start from next year.
7 June 2018

Revenue collection, expenditure targets won’t be achieved: CPD

The Centre for Policy Dialogue (CPD) says neither the revenue collection target nor the expenditure goal will be achieved in the next fiscal year as both the goals are much higher than the current fiscal year.
7 June 2018

Full speech of Bangladesh National Budget 2018-19

Finance Minister Abul Maal Abdul Muhith today rolled out a Tk 4,64,573 crore national budget for fiscal year 2018-19 setting the GDP growth target at 7.8 percent and outlining a set of plans-strategies to build a prosperous, happy and peaceful country.
7 June 2018

Home loan for public servants, policy effective from 2018-19

Government employees can get loans for the construction of house or purchase of flats anywhere in the country as a policy guideline has already been formulated for providing such loan from the banking system.
7 June 2018

To win votes with bluff: BNP’s take on budget

BNP strongly criticises the budget Finance Minister AMA Muhith placed in the parliament, saying it is imaginary and aimed to gain popularity ahead of the election.
7 June 2018

Govt sets up 8,000 km fibre optic cable nationwide: Muhith

Citing the government's commitment to ensure a 'Digital Bangladesh', Finance Minister AMA Muhith says that 8,000 km of optical fibre cables have been installed in 1104 union parishads of 114 upazilas in 64 districts.
7 June 2018

VAT imposed on ride-sharing services

Government is planning to impose 5 percent value added tax on the ride-sharing services which will make the new kind of transporting system in big cities of the country costlier.
7 June 2018

Muhith wants to have Facebook, Google, Youtube under tax net

Finance Minister AMA Muhith proposes introduction of new provisions in the tax laws over the taxation of virtual and digital sectors, such as Facebook, Google, Youtube, on their incomes earned in Bangladesh.
7 June 2018

10m more jobs to be created in EZs: Muhith

Finance Minister AMA Muhith expects that export earnings of the country will increase by additional US$40 billion and 10 million more jobs will be created in the economic zones (EZs).
7 June 2018

How DSE reacts on budget days

The national financial plan sometimes meets the expectations of stock investors and sometimes does the opposite. Here is a graph that shows how Dhaka Stock Exchange experiences in the budget days.
7 June 2018

Cherished dream still remains elusive: Muhith

Finance Minister AMA Muhith says, though the country has achieved remarkable successes under his 10 years' tenure, the cherished dream still remains elusive.
7 June 2018

Nothing new in budget: Raushon

Terming the proposed budget “traditional”, Raushon Ershad, leader of the opposition in the parliament, says there is nothing new in it.
7 June 2018

Owners of more than 1 car, house to face surcharge

Owners of two motor cars or houses with an aggregate area of eight thousand square feet in a city corporation will have to pay 10 percent surcharge, Finance Minister AMA Muhith says in his budget speech.
7 June 2018