Dhaka February 26, 2025, 6:22 am
Allocation for at least 14 ministries and divisions has been reduced in the proposed budget for fiscal 2021-22 compared to the proposed allocation of the previous fiscal year
The independent think-tank made the suggestion while sharing their observation at an event – An Analysis of the National Budget for FY2021-22 – in the capital on Friday
TIB is also drawing attention to the fact that this discriminatory and unconstitutional benefit should not be included in any other way out of respect to the honest taxpayers
In ensuring balanced development, attracting investment and improving business environment, the importance of reform is immense
Finance Minister AHM Mustafa Kamal revealed this information while presenting the budget for 2021-2022 fiscal year on Thursday afternoon
As per the proposed budget document, the poverty rate has also become half in the last 15 years. The poverty rate was 41.5 percent in FY 2005-2006 and now it has come down to 20.5 percent
The amount is consistent with that of the current fiscal year’s budget, but needs to be maintained as the Covid-19 continues to ravage the world
To achieve a robust economic growth in the next fiscal defying the challenges posed by the pandemic, the government has unfolded the budget for the 2021-22 fiscal with a mixed bag of tax support, tax holiday and exemption
The proposed budget for the upcoming fiscal year will not be able to play its due role in offsetting the economic hardship arriving from the coronavirus pandemic, the Centre for Policy Dialogue said in budget review
With the announcement of the proposed budget for the upcoming fiscal year (2021-22), a number of products are expected to see fluctuation in prices both upward and downward
More than 1.2 million beneficiaries will include
In its initial reaction, the chamber body said the budget is a big one with an aim to economic recovery and effort to balance between lives and livelihood
Agriculture gets third highest priority
Amid the shortfall of revenue collection by around Tk 1 lakh crore during the last few fiscals, the government is likely to set NBR’s revenue target at Tk 3,30,000 crore for the next fiscal year, starting from July 1
This will be the 50th national budget of the country coinciding with the golden jubilee of the country’s independence while the 13th in a row for the Awami League government
The NBR, for the first time, is offering such tax break to attract investment in health care services following a recent crisis in the sector
The inward remittances jumped to $22.84 billion during the July-May period of FY2020-21 from $16.37 billion in the same period of the previous FY
The platform of local economists estimated Tk 16.04 trillion as the revenue target to finance the alternative budget - some 3.06 times bigger than the upcoming budget scheduled to be placed at the parliament on June 03
Some 1.3 million people were the direct beneficiaries from 10 packages under which bank loans were provided to youths for employment generation, farmers for agriculture production, large industries and service sectors, small
The policy planning of the government should focus on prevention of inequality and equitable distribution, not merely on the growth of Gross Domestic Product (GDP)
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