Dhaka May 22, 2025, 3:50 am
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)
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
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