Bangladesh National Budget 2018-19

Interest burden getting heavier

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.
7 June 2018

Jobs there, not right skills

Samidul Haque obtained a BBA degree from a private university a year ago.
7 June 2018

Business-as-usual budget

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.
7 June 2018

History of Budget

National Budget 2018-19 ....
7 June 2018

New squeeze for middle class

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.
7 June 2018

Digital marketing to come under tax net

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.
7 June 2018

Supplementary Budget: Muhith says sorry for inadequate discussions

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.
7 June 2018

Raising revenue an uphill battle: businesses

Chamber and trade body leaders yesterday said the government would struggle to generate higher revenue in the course of implementing the budget in the election year.
7 June 2018

Bowing to banks

The government is continuing to treat banks with kid gloves instead of going tough on them for the rampant financial irregularities and continued poor judgement.
7 June 2018

Rich to be barred from buying savings tools

The government is going to connect the national savings certificate (NSC) buyers' database with that used in the creation of national identity (NID) cards to prevent the certificates from going into the hands of ineligible people.
7 June 2018

No cheers in tax measures

Every year when the budget is placed in the parliament, Taufiq Hasan, a 35-year-old private sector employee, gets all worked up about which products and services he would have to pay more the following fiscal year.
7 June 2018

Muhith gives outline of Universal Pension Scheme

Finance minister AMA Muhith gives an outline of Universal Pension Scheme and hopes that preparatory work for its implementation may start from next year.
7 June 2018

Full speech of Bangladesh National Budget 2018-19

Finance Minister Abul Maal Abdul Muhith today rolled 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

Home loan for public servants, policy effective from 2018-19

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.
7 June 2018

To win votes with bluff: BNP’s take on budget

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.
7 June 2018

Govt sets up 8,000 km fibre optic cable nationwide: Muhith

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.
7 June 2018

VAT imposed on ride-sharing services

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.
7 June 2018

Muhith wants to have Facebook, Google, Youtube under tax net

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.
7 June 2018

How DSE reacts on budget days

The national financial plan sometimes meets the expectations of stock investors and sometimes does the opposite. Here is a graph that shows how Dhaka Stock Exchange experiences in the budget days.
7 June 2018

Cherished dream still remains elusive: Muhith

Finance Minister AMA Muhith says, though the country has achieved remarkable successes under his 10 years' tenure, the cherished dream still remains elusive.
7 June 2018