Cultural activists demand 1pc of national budget
Cultural activists on Friday demanded that one per cent of the national budget for the financial year 2025-26 be set aside for the cultural sector.
Tags : National budget
Medium-term budgetary framework by Apr 24
The Finance Division on Wednesday asked different ministries and divisions to complete over a dozen steps by April 24 in connection with finalising the estimate of the national budget for the 2025-26 financial year...
FY26 budget: Govt to cut spending
The interim government is going to bring about major changes in the national budget by squeezing expenditure for the forthcoming financial year of 2025-26 because of resource crunches, said officials.
BUDGET IMPLEMENTATION: Secys asked to maintain transparency
Finance adviser Salehuddin Ahmed on Monday asked secretaries of high spending ministries to ensure transparency and accountability in implementing the national budget for the forthcoming financial year 2025-26.
Budget to focus on NBR split
The proposed bifurcation of the National Board of Revenue and the future role and responsibilities of the two offices of the revenue board after the spilt are likely to get a special focus in the national budget for the forthcoming financial year of 2025-26.
WB prefers new tax measure only thru budget
Visiting World Bank vice-president Martin Raiser on Sunday said that the imposition of any new tax measure or tax expenditure should be made through the national budget...
AB Party questions parliament鈥檚 legitimacy to pass budget
Leaders of Amar Bangladesh Party asserted on Monday that the current Awami League government had no legitimate right to pass the national budget in parliament, as lawmakers were not elected by the people...
JS passes budget for FY 2024-25
The Jatiya Sangsad on Sunday passed the Tk 7,97,000 crore national budget for FY25 setting a goal for achieving 6.75 per cent gross domestic product growth and...
Deplorable failure to address power policy flaws
THE likely increase in the losses of the Bangladesh Power Development Board by almost 200 per cent in 2025 suggests a deplorable absence of measures to amend the power policy, which is burdened by, among others, an abnormal level of overcapacity and an absurd capacity charge system...
NGWF demands introduction of rationing for garment workers
The National Garment Workers Federation on Monday demanded a special allocation in the proposed national budget for the financial year 2024-25 for introduction of rationing for the garment workersin Bangladesh....
Nat鈥檒 budget yet to be passed, things can be revised: finance minister
Finance minister Abul Hassan Mahmood Ali on Thursday said that the government was considering all realistic criticism and suggestions regarding the national budget before passing it in the parliament...
Bangladesh JSD terms proposed budget as looter-friendly
The Bangladesh Jatiya Samajtantrik Dal on Thursday termed the proposed budget for the financial year 2024-25 as looter-friendly and said that it would increase sufferings of the ordinary people.....
TOAB demands continuation of existing VAT exemption
The Tour Operators Association of Bangladesh on Tuesday called for continuation of existing VAT exemption on tour operator services, which is planned to be withdrawn in the proposed national budget announced on June 6...
Stocks fall below 5,200 points after three years
Dhaka stocks witnessed a big fall on Sunday, the first trading session after the announcement of the proposed national budget, as panic driven investors continued to offload shares to protect their funds amid the prolonged downward trend on the market amid...
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...
Black money whitening scope to promote graft: Jamiruddin
BNP senior leader Jamiruddin Sircar on Friday said that keeping the provision to legalise black money in the proposed budget amounts to 鈥榩romoting corruption鈥�.....
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...
Business leaders express mixed reactions
The country鈥檚 business leaders on Thursday expressed their mixed reactions over the proposed national budget for the financial year 2024-25 placed by the...
Education鈥檚 share of GDP keeps falling
The share of education in gross domestic product fell again after the announcement of the proposed national budget for the financial year...
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...
Most parties reject budget
Most of the political parties in the country rejected the proposed national budget for the financial year 2024鈥�25 on Thursday, saying that it was not pro-people and would rather encourage corruption...
Tax measures to take toll on honest, relieve errant
Finance minister Abul Hassan Mahmood Ali on Thursday announced a series of measures, including reintroducing scope for legalising undisclosed money by paying tax at a...
Activists express disappointment over allocation for culture
Cultural activists said that they were disappointed over allocation for cultural affairs ministry in the proposed national budget for 2024-25 fiscal year placed in the...
Proposed budget requests MPs to pay tax for importing cars
Finance Minister Abul Hassan Mahmood Ali on Thursday requested the members of parliament to set a noble example by amending the privilege of importing duty-free cars for personal use....
Capital gain tax proposed for general investors if income crosses Tk聽50 lakh
Finance minister Abul Hassan Mahmood Ali has proposed that general investors in the capital market pay capital gain tax from the 2024-25 financial year if their income crosses Tk聽50 lakh...
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...
CPD criticises black money whitening provision in proposed budget
The Centre for Policy Dialogue, in an immediate response on Thursday to the proposed budget, expressed appreciation for the reduction of taxes on some essential items....
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...
FY25 budget size $3b less than FY24 budget for devaluation of taka
The national budget proposed by the government on Thursday is approximately $3 billion less than the budget proposed for the previous financial year...
No more 24-carat gold under baggage rules
Titled 鈥楶romise to Construct a Happy, Prosperous, Developed, and Smart Bangladesh鈥�, finance minister Abul Hasan Mahmood Ali unveiled the budget for the upcoming fiscal year 2024-25, totaling Tk 7 lakh 97 thousand crore....