Interest payments get the fourth highest allocation, which is also higher than the combined allocation for health, social security and welfare in the proposed budget for 2018-19.

Samidul Haque obtained a BBA degree from a private university a year ago.

Fy 2018-19...

Finance Minister AMA Muhith presented the FY2018-19 national budget to parliament yesterday. This is a historic event in the sense that it is his tenth consecutive budget that reflects the continuity in fiscal management.

National Budget 2018-19 ....

Shifa Hosne and her husband have been saving up money to buy a small flat in the city, where property price is already way beyond the capacity of service holders with fixed income.

The government plans following in Europe's footsteps to tap digital marketing's popularity, with Finance Minister AMA Muhith yesterday proposing introducing provisions on taxing earnings of networking tech giants such as Facebook, Google and Youtube.

For the first time in Bangladesh, a finance minister apologised for his inability to create an opportunity to hold elaborate discussions on supplementary budget in parliament.

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.

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.

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.

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.

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.

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

The government allocates Tk 1,498 crore for the Youth and Sports Ministry in the proposed budget for fiscal year 2018-19, Tk 307 crore up from the revised budget of the last fiscal year.

The government proposes raising allocation in the education sector by 11 percent to Tk 53,054 crore for the next fiscal year compared to the revised allocation in the outgoing fiscal year.

Energy drink and cigarette-bidi papers prices are expected to go up with the additional supplementary duty proposed in the budget for fiscal 2018-19.

Imported mobile phone handsets will be costlier as Finance Minister AMA Muhith proposes to increase 1 percentage point surcharge in his budget speech for fiscal 2018-19.

Finance Minister AMA Muhith proposes to allocate Tk 400 crore in 2018-19 fiscal to support insolvent war-wounded and sick freedom-fighters or their spouses, children or grand-children.

Finance Minister AMA Muhith proposes to borrow Tk 42,029 crore from the banking sources to manage the deficit financing.