The BNP that ruled the country for over 10 years in two terms since the restoration of democracy in Bangladesh in 1990 is struggling to come up with formal reactions to the proposed budget for fiscal 2016-17.

The staggered union parishad elections, the deadliest in the country's electoral history, ended yesterday with four more lives lost in polls violence.

Prime Minister Sheikh Hasina was given a red-carpet reception as she arrived here yesterday on a five-day official visit to Saudi Arabia

“Jobs are there in the informal sector, but not in corporate and industrial sectors. And that is not possible either without a rise in

Another 698 union parishads (UPs) go to the polls in the sixth and final phase today, after the electioneering and voting days in all the

A case has been filed against Chittagong-16 constituency ruling Awami League lawmaker Mustafizur Rahman Chowdhury and his two

Ten people were killed and 20 others injured in a head-on collision between a stone-laden truck and a bus in the district's Sherpur upazila yesterday.

The US state department has said although the number of terrorist attacks around the world declined last year, terror incidents went up significantly in Bangladesh.

The government is considering a further fuel price cut to pass on to consumers the benefit of low fuel prices on the international market, said Finance Minister AMA Muhith yesterday.

The challenge of attracting private investment remains as daunting as ever, as the proposed budget did not give any clear outline to

Finance Minister AMA Muhith yesterday said he deliberately set an ambitious revenue generation target in the upcoming budget, hoping for more tax collection by the National Board of Revenue. “I have said in the budget speech that it is deliberately ambitious,” he told reporters at a post-budget briefing in the capital's Osmani Memorial Auditorium.

The government broke with its tradition in education by boosting the allocation 32 percent year-on-year to Tk 49,009 crore for the next fiscal year.

The cost of using a mobile phone would go up by more than two percent as the proposed budget looks to hike the supplementary duty on SIM usage.

The government has given top priority to eight fast-track mega projects in the upcoming budget, setting aside Tk 18,727 crore for them.

Finance Minister AMA Muhith has really dreamt of a big budget in every respect -- from expenditure to revenue generation. And he no longer wants to live in the 6 percent GDP class to push beyond 7 percent. But his big dream promises to put extra pressure on people across the board, as he plans through his VAT and other tax proposals to extract that extra penny from every pocket.

"In reality, we have made remarkable strides in realising the dream of the vision 2021. Now, making further progress hinges on

Multinational tobacco companies will benefit from the proposed budget as the finance minister has not increased the prices of medium and high segment cigarettes.

The parameters of employment generation show it would be a tough task for the government in the next fiscal year to create adequate jobs, which is a key element for higher economic growth.

While economists have praised the proposed budget's emphasis on mega projects, skill development and job creation, they have termed the revenue generation target very ambitious.

Ariful Islam has been paying taxes regularly for the last several years on the income from his employment as a banker.