20% of total budget for children by 2020: Muhith

Finance Minister AMA Muhith sets a goal to allocate 20 percent of total budget for children by 2020 as part of mainstreaming children development in the national planning and budgeting.
7 June 2018, 07:27 AM

Cosmetics, toiletries to get costlier

Fresh duty schemes have been drawn up on cosmetics and toiletries items, which is expected to push the prices of such items higher.
7 June 2018, 07:17 AM

Govt sets 7.8% GDP growth target, inflation drops to 5.6pc

The government has set a target of 7.8 per cent GDP growth for the next fiscal year.
7 June 2018, 07:14 AM

VAT on e-commerce, online shopping to get pricier

This is a repeated attempt of Finance Minister AMA Muhith to impose VAT on e-commerce business on the platform’s rising popularity for its convenience.
7 June 2018, 07:12 AM

Allocation for telecom, ICT declined 6.64 per cent

Allocation for the telecom and ICT ministry declines about 6.64 per cent to 6,064 crore in the proposed budget of 2018-19 fiscal which is placed by Finance Minister MA Muhith at the Jatiya Sangsad.
7 June 2018, 07:09 AM

Govt opts to go green, slaps duty on polythene

Finance Minister AMA Muhith has opted to go green and discourage people from using polythene products and poly-packaging.
7 June 2018, 07:06 AM

Small and old apartments to be costlier

Bad news for the middle-income group as the government is opted to impose higher VAT rates for smaller apartments at a time when sales have picked up.
7 June 2018, 07:06 AM

Muhith unveils Tk 4,64,573cr budget for FY19 setting 7.8pc growth target

​Finance Minister Abul Maal Abdul Muhith rolls 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, 06:58 AM

Muhith’s post-budget press conference tomorrow

Finance Minister Abul Maal Abdul Muhith will address a post budget press briefing tomorrow, according to a finance ministry press release.
7 June 2018, 06:43 AM

Fresh bailout for state banks

The government may again allocate Tk 2,000 crore to state-run banks in the upcoming budget to help them meet capital deficit, continuing its years-long “go easy” attitude towards the lenders despite their irresponsible lending practices.
4 June 2018, 18:00 PM

JS goes to budget session tomorrow

The budget session for the 2018-19 fiscal of the 10th Jatiya Sangsad (JS) begins.
4 June 2018, 11:14 AM

Budget Implementation: Poor show exposes dearth of capacity

The budget implementation rate has been falling consistently for the last seven fiscal years, exposing poor capacity of government agencies and the widening gap between planning and execution.
3 June 2018, 18:00 PM

Experts call for banking reform commission

Experts yesterday demanded that the upcoming budget contain a clear indication that a “banking reform commission” would be immediately formed to address the prevailing vulnerable situation in the banking sector.
2 June 2018, 18:00 PM