Prices up, prices down

Finance Minister AHM Mustafa Kamal today proposed changes to duties on different products, which will result in increase and decrease in their prices.
3 June 2021, 11:11 AM

Tax rebate for employing third gender workers

To ensure employment, standard living, and social and economic integration of members of the third gender communities in Bangladesh, the government has proposed to enact special tax incentives in the proposed budget for those who will employ third gender workers.
3 June 2021, 11:01 AM

Cigarettes, other tobacco products to be costlier

Finance Minister AHM Mustafa Kamal proposed to hike the price of tobacco products in the proposed fiscal year 2021-2022.
3 June 2021, 10:49 AM

Govt to allocate Tk 1,07,614 crore for social safety net programmes

The government has proposed to allocate Tk 1,07,614 crore for the social safety net programmes for the 2021-22 fiscal year, as it aims to bring more of the country's marginalised and vulnerable population under protection.
3 June 2021, 10:43 AM

Per capita income now $2,227

The country’s per capita income stood at $2,227 which was $2064 in 2019-20 fiscal year and $543 in FY 2005-2006.
3 June 2021, 10:13 AM

Proposed budget seeks VAT exemption on sanitary napkin production

To ensure the reproductive health protection of women and girls, Finance Minister AHM Mustafa Kamal has proposed a VAT exemption -- at local manufacturing stage -- on the production of sanitary napkins and import of certain raw materials for producing pads.
3 June 2021, 10:01 AM

Old age allowance to cover 8 lakh more senior citizens

Eight lakh more poverty-stricken elderly citizens will be covered under the “old-age allowance” in the proposed FY21-22 budget.
3 June 2021, 09:59 AM

Budget for coronavirus-battered education sector unchanged

The allocation for the education sector in the proposed budget for the upcoming fiscal year of 2021-22 remains almost unchanged in terms of size and percentage of Gross Domestic Product (GDP), compared to the current budget.
3 June 2021, 09:53 AM

Pandemic response: Tk 10,000 crore proposed for emergency requirements

The finance ministry has proposed a block allocation worth Tk 10,000 crore to meet the expenses related to unanticipated emergency requirements, like the budget of the previous fiscal.
3 June 2021, 09:47 AM

Freedom Fighters’ allowance proposed to be increased to Tk 20,000

Honorarium for valiant Freedom Fighters will be increased from Tk 12,000 to Tk 20,000 in the next fiscal year, according to proposed budget for 2021-22.
3 June 2021, 09:28 AM

Private, specialised hospitals in districts to get 10-year tax holiday

Private healthcare service providers in districts outside Dhaka, Narayanganj, Gazipur and Chattogram will be given a 10-year tax exemption on their income from the next fiscal.
3 June 2021, 09:23 AM

10-year tax exemption for agro industries, entrepreneurs

The government has given tax exemption facilities to agro-based industries and entrepreneurs for 10 years to flourish the industries and generate employment.
3 June 2021, 09:19 AM

Tax cut for IT service providers, hardware manufacturers

Finance Minister AHM Mustafa Kamal today proposed to offer a tax exemption to IT service providers for four years in the next budget.
3 June 2021, 09:14 AM

Bangladesh attains highest GDP growth in Asia in FY 2020-21

Bangladesh has been able to attain real Gross Domestic Products (GDP) growth of 5.2 percent -- highest in Asia.
3 June 2021, 09:10 AM

Tk 603,681cr budget unveiled

Finance Minister AHM Mustafa Kamal unveiled a proposed budget of Tk 603,681 crore for 2021-22 fiscal year in the national parliament today.
3 June 2021, 09:02 AM

Cabinet approves proposed national budget for FY 2021-22

The Cabinet at a special meeting today approved the proposed national budget for the fiscal year 2021-22.
3 June 2021, 08:20 AM

National budget for FY22 to be placed tomorrow

Marginalised people will get priority in the proposed national budget for the 2021-22 fiscal year, which will be placed by Finance Minister AHM Mustafa Kamal before the parliament tomorrow.
2 June 2021, 14:09 PM

Tax cut galore in next budget

“Cuts, cuts, cuts!” -- would be the chorus of Finance Minister AHM Mustafa Kamal’s third budget speech that he is due to deliver in the parliament tomorrow.
1 June 2021, 18:00 PM

Clinics outside major cities to get tax break

The government will likely offer a 10-year full tax exemption in order to encourage private investors to establish hospitals outside of four districts, including Dhaka and Chattogram.
1 June 2021, 18:00 PM