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/ Economy / Bangladesh

CPD sees measures 'insufficient', 'incomplete'

The Centre for Policy Dialogue (CPD) terms the proposed budgetary measures to overcome existing challenges in fiscal year (FY) 2022-23 'insufficient and incomplete'. It says people of the upper-income group is set to get much benefits than lower and middle-income...

Budget skips austerity

Higher growth through economic rebound on higher spending by holding...

Bangladesh to lift income tax return exemption for NRBs, digital service providers

The finance minister has proposed withdrawing the provision of exempting...

Government to cut utility services for tax, VAT dodgers

Finance Minister AHM Mustafa Kamal has called for measures to...

VAT imposed on meditation services in FY23

The government has proposed to impose VAT on meditation services...

Importing aircraft in FY23 to get cheaper

The government plans to propose Advance Tax (AT) exemption for...

Defence budget increased by 7.1pc

The allocation for the Defence Ministry in the proposed budget...

Govt raises budget for environment protection

The government increased the budget allocation for the protection of...

Tk 50b earmarked to combat pandemic in FY23 budget

With an apprehension that Covid-19 can spread further anytime, Finance...

Tk 10.99b proposed for Information and Broadcasting Ministry in FY23 budget

The government has proposed allocating Tk 10.99 billion for the...

Tk 0.18 trillion proposed for railways ministry in FY23 budget

Considering the importance of the Bangladesh railways as comfortable, affordable,...

Education allocation to rise by less than 2.0pc of GDP

The education and technology sectors get 5.0 per cent higher...

Bangladesh to examine possibility of establishing digital bank

Bangladesh government will examine the possibility of establishing digital banks...

Universal budget to be introduced in FY23

The government plans to introduce a universal pension scheme in...

Supplementary duty on motorcycles likely to promote domestic industry

The government plans to impose a supplementary duty on motorcycles...

Tk 16.51b allocated for foreign ministry in FY23 budget

An allocation of Tk 16.51 billion has been made for...

Health sector gets trivial boost in FY23 budget

Though he said strengthening the health sector is the government's...

Income tax rate to remain unchanged in FY23

Finance Minister Mustafa Kamal is planning to keep the individual...

Key takeaways from FY23 budget

The Russia-Ukraine war and its repercussions amid recovery from the...

BB to study digital currency as an alternative to crypto

Bangladesh Bank will conduct a feasibility study on the possibility...

Social safety net widened

With the introduction of the Universal Pension system and the...

FinMin proposes tax cuts for 'Made in Bangladesh' brands to boost competitiveness

Finance Minister AHM Mustafa Kamal has proposed to reduce taxes...

Mobile phone sets to get costlier in budget FY 23

People will have to pay more for buying mobile handsets...

5.0m low-income families to get food assistance in FY23

Five million low-income households will get food assistance of 30...

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