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Tags : Budget


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Proposed budget provides fresh feast for big fishes: Fakhrul

The main opposition Bangladesh Nationalist Party secretary general, Mirza Fakhrul Islam Alamgir, alleged on Saturday that fresh arrangements had been made in the proposed budget for the fiscal year 2024-25 for fresh looting of the nation’s wealth.....

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A budget heavily dependent on loans, hardly helpful for poor

THE national budget for the 2025 financial year, which the finance minister proposed in the parliament on June 6, is high-deficit, with an aim to make up for the shortfall with resources coming from domestic borrowing, 20.2 per cent of the total outlay of Tk 7,970 billion, and foreign loans, 11.4 per cent, along with expected foreign grants of 0.5 per cent...

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FICCI for allocation for tax, VAT system automation

The Foreign Investors Chamber of Commerce and Industry has expressed concerns over lack of allocation or specific directions for the automation of tax, value-added tax and customs administration in the proposed budget for the 2024-25 financial year...

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AmCham for different entities for budget processes

The American Chamber of Commerce in Bangladesh has recommended that different entities should manage formulation and implementation of the national budget to address significant economic challenges and maintain financial integrity...

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Govt seeks six months to curb inflation

The government has proposed the reintroduction of undisclosed money legalisation scopes in the new national budget to appease businessmen, officials...

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Business leaders express mixed reactions

The country’s business leaders on Thursday expressed their mixed reactions over the proposed national budget for the financial year 2024-25 placed by the...

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Govt passes burden onto people

People are in for a rough ride ahead as the government decreased the overall allocation in the power and energy sector, compared with the last fiscal year, in the...

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Priority sector agriculture sees nominal budget increase

In the proposed budget for the financial year 2024–25, the allocation in the agriculture sector remained almost unchanged, compared with the previous year, despite agriculture was termed a priority sector during the budget announcement...

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Most parties reject budget

Most of the political parties in the country rejected the proposed national budget for the financial year 2024–25 on Thursday, saying that it was not pro-people and would rather encourage corruption...

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Stocks rise slightly on budget day

Dhaka stocks witnessed a slight rise on Thursday after a fall in the previous session, as investors were active on both sides of the trading fence, before the announcement of the national budget for the 2024-25 financial year later on the day, market operators said...

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Mobile call, internet services to get costlier as tax raised

Finance minister Abul Hassan Mahmood Ali has proposed that supplementary duty on mobile phone SIM-enabled telecommunication services to be increased to 20 per cent from the existing 15 per cent in the proposed national budget for 2024-25 financial year...

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No more 24-carat gold under baggage rules

Titled ‘Promise to Construct a Happy, Prosperous, Developed, and Smart Bangladesh’, finance minister Abul Hasan Mahmood Ali unveiled the budget for the upcoming fiscal year 2024-25, totaling Tk 7 lakh 97 thousand crore....

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Corporate tax cut to 25pc proposed

Bangladesh government is all set to curtail corporate income tax by 2.5 percentage points in a bid to encourage compliance with a condition of promoting cashless transactions....

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Proposed budget a new plan of looting: BNP

The main opposition Bangladesh Nationalist Party on Thursday called the proposed budget for the 2024–25 financial year a ‘new plan of looting,’ claiming...

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Budget realistic in difficult time: AL

The ruling Awami League said on Thursday that the proposed budget for the 2024–25 financial year was realistic and pro-people at the time of the...

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