• JS budget session from June 1

    The 10th Parliament goes into its third budget session on June 1, says a Parliament Secretariat press release.

  • BB heist: Govt determined to take steps against all, says Muhith

    Finance Minister AMA Muhith says that the government is determined to bring all those involved in stealing money from the central bank’s account with Federal Reserve Bank of New York – be it foreigners and local.

  • Muhith defends uniform VAT

    Consumers might be slapped with a uniform 15 percent value added tax from next fiscal year as Finance Minister AMA Muhith

  • 15% uniform VAT from next fiscal: Muhith

    Despite opposition from businesses, Finance Minister AMA Muhith says a uniform 15 percent VAT will be applicable from next fiscal year.

  • Tarana for tax cut on handsets import

    Telecom division urges finance ministry to review tax and VAT structures on mobile handsets and accessories to make smartphones affordable to boost internet penetration.

  • Fazle Kabir, Bangladesh Bank

    Fazle Kabir to be made new BB governor: Muhith

    The government decides to appoint former finance secretary and incumbent chairman of state-run Sonali Bank Fazle Kabir as new governor of Bangladesh Bank (BB), Finance Minister AMA Muhith says.

  • AMA Muhith

    Muhith cancels press conference

    Finance Minister AMA Muhith has cancelled his press conference minutes after the Bangladesh Bank governor resigned over the recent heist of $101 million out of the bank’s account with New York’s Federal Reserve Bank.

  • Muhith fumes at central bank

    Finance Minister AMA Muhith yesterday said he would take action against Bangladesh Bank for keeping him in the dark for more than a month about the theft of $101 million from the BB account with the New York Federal Reserve Bank. The central bank came to know about the incident two days after cyber thieves stole the money from the BB account on February 4 midnight when all the BB staff went on the two-day weekly holiday, according to BB officials.

  • 14 personalities, Navy to get Independence Award

    The government decides to decorate 14 distinguished personalities and Bangladesh Navy with this year's Independence Award-2016 in recognition to their glorious and credible contributions in the national level.

  • Muhith’s no comment about money Pakistan owes to Bangladesh

    Finance Minister AMA Muhith declines to say anything about the fate of the money Pakistan owes to Bangladesh in different heads.

  • Tk 1 crore or more in 1.14 lakh accounts

    There are 1.14 lakh bank accounts in commercial banks having Tk 1 crore or more each as of December last year, Finance Minister AMA Muhith told parliament yesterday.

  • 1.14 lakh bank accounts with Tk 1cr each in 2015

    There were 1.14 lakh bank accounts having over Tk 1 crore each in the all of the country’s commercial banks in 2015, says finance minister AMA Muhith.

  • Tax office to be set up at upazila level: Muhith

    The government undertakes initiative to set up tax office at the upazila level across the country, Finance Minister Abul Maal Abdul Muhith tells parliament.

  • US travel alert won’t hamper Bangladesh’s economy: Muhith

    Finance Minister AMA Muhith says the US travel alert for its citizens in Bangladesh will not hamper the country’s economy.

  • Govt may review VAT on tuition fees: Muhith

    Finance Minister AMA Muhith softens his position about the VAT on private universities’ tuition fees saying the government may review the decision.

  • Further cabinet reshuffle soon unlikely: Muhith

    Five days into major reshuffle in the cabinet, Finance Minister Muhith says that there would not be further change in it anytime soon.

  • Kamrul to be brought back after Eid: Muhith

    Finance Minister AMA Muhith says Kamrul Islam, an accused of 13-year-old boy Rajon killing, would be brought back home from Saudi Arabia after Eid-ul-Fitr.

  • Graft undercuts economic growth

    The Finance Minister's estimate that widespread graft takes 2 to 3 percent off the economy has serious implications for the country's development.


    AL'S affable finance minister is a lucky man having done the national budget more number of times than any other finance minister.

  • Finance Minister's bold admission

    The Finance Minister's exasperation in parliament, over the government's inability to take punitive action against a top official of Sonali Bank for his involvement in the Hallmark loan scam as well as of those in the Basic Bank scam...

  • Party men saving Sonali, Basic scamsters: Muhith

    Finance Minister AMA Muhith expresses his anger as he could not take steps against all involved in Sonali Bank and Basic Bank scams because of his party people’s support.

  • Money for unsettled audit objections double of budget: Muhith

    The number of unsettled audit objections against 55 ministries or divisions is 8,53,314 involving Tk 6,15,606 crore which is almost double of the proposed budget of the next fiscal year.

  • Govt deposits 1793.72kgs seized gold to BB

    The government has deposited to the central bank 1793.72 kilogrammes (nearly two tonnes) of gold seized in last five years, Finance Minister AMA Muhith tells Parliament.

  • VAT on private universities

    Finance minister's proposed 10 percent value added tax (VAT) on around 160 private sector universities including medical and engineering colleges has not found favour with those who have been targeted.

  • Tk 200cr for enclave people

    The finance minister proposes allocating Tk 200 crore for expediting development in the enclaves in the upcoming fiscal year.

  • Smokers to pay more

    Cigarette prices are set to go up as the finance minister proposes some tax measures aimed at reducing the use of tobacco and maximising revenue collection from the sector.

  • Mobile phone

    Call charges to rise

    Moblie phone call expense and SIM cards will get costlier with the duty proposed by Finance Minister AMA Muhith in the budget for 2015-16 fiscal.

  • Income tax ceiling now Tk 2.5 lakh

    Finance Minister AMA Muhith proposes increasing the ceiling of tax-free income to Tk 2.50 lakh from Tk 2.20 lakh.

  • Digital land services by 2020: Minister

    Finance Minister AMA Muhith say the land related services in the country will be digitised by 2020.

  • Online-Trading

    4pc VAT for online trading: Muhith

    Finance Minister AMA Muhith today floats the proposal to impose VAT at the rate of 4 percent on the online trading sector.