Dhaka February 26, 2025, 6:28 am
Bangladesh is going to have the largest-ever national budget this year with an outlay of some Tk 6 trillion for 2021-2022 fiscal year
The National Board of Revenue (NBR) data showed that Tk24.13 billion was invested in the real estate sector and Tk 116.63 billion in some other sectors
More investment is a must in water, sanitation and hygiene for a long-term sustainable solution against the pandemic
The migrant rights body also sought budgetary allocation for monthly allowances to socially and economically vulnerable returnee migrant workers by including them in the 'social safety net' programme
Bangladesh on Tuesday cleared a $200 million currency swap facility for Sri Lanka, to help boost its economy, becoming the first South Asian country to extend crucial financial assistance to the island nation this year
The country’s budget deficit may stand at Tk2.13 lakh crore for the next fiscal year, which is 6.1% of the GDP
Several industries, including computer parts, mobile phones, cement, and steel, are being exempted from advance tax
The total subsidy amount for the next fiscal year may reach Tk49,000 crore, up from Tk38,600 crore in the current budget
The speakers, who included economists, high government officials and business leaders, suggested focusing on health sector and vaccination, skills development, creating employable graduates and building required infrastructur
The contractors would have to receive the payments through banking channel or mobile financial services from the fiscal year (FY) 2021-22
Of the total amount, $1,224.2 million was earned in just 12 days of May
Tax holiday benefits have helped develop specific local sectors such as poultry and fisheries
A massive vaccination of the population for protection against Covid-19 infection will be major focus of the Tk. 602,880 crore -budget themed as "Priority on lives and livelihoods, tomorrow's Bangladesh
The government is set to enhance, by over 50 percent, the net borrowing target from National Savings Schemes to Tk 320 billion in the new fiscal year, up from the current fiscal's Tk 200 billion
Bangladesh's overall imports dropped by more than 10 percent or US$509.03 million in April last mainly due to the second wave of the Covid-19 pandemic
The new fiscal measures might be incorporated in the FY2021-22 budget, aimed at ensuring financial transaction through formal channel
The government is considering imposition of the tax at a rate of 15 percent from FY 2021-22 if the income exceeds Tk 3.0 million following the abuse of the facility
Earlier, the NBR amended the VAT Act to provide direct VAT benefits to companies
The National Economic Council (NEC) last week approved a Tk 3,253.24 billion main Annual Development Programme (ADP) outlay for the 2021-22 fiscal
The problems relating to shipping of the clinkers and other raw materials are responsible for the price hike
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