Bangladesh National Budget FY2024-25

Bangladesh National Budget FY2024-25

Tk 7,97,000 crore budget passed in parliament

The parliament today passed the Tk 7,97,000 crore national budget for the 2024-25 fiscal year with the aim of achieving 6.75 percent GDP growth rate and keeping annual inflation at around six percent

10m ago

Whitening black money: 3 MPs slam govt for keeping the provision

Two ruling Awami League MPs and a Jatiya Party MP today in parliament criticised the government for keeping the provision of whitening the black money in the proposed budget for 2024-25 fiscal

11m ago

JS passes over Tk 30,643.51cr supplementary budget for FY24

The parliament today passed the supplementary budget of Tk 30,643.51 crore for the fiscal 2023-24 to meet the increased expenditures under different ministries and divisions for the outgoing fiscal year ending June 30

11m ago

What can we learn about universal health coverage from global experiences?

Allocation of resources to the health sector and proper utilisation of that allocation are crucial for achieving universal health coverage (UHC)

11m ago

Govt measures will tame rising inflation

Finance Minister Abul Hassan Mahmood Ali yesterday expressed hope that the government would be able to curb high inflation on the back of budgetary measures and the central bank’s steps.

11m ago

Tax exemption in FY25 rises to Tk 163,000cr

Tax exemptions provided by the National Board of Revenue (NBR) are estimated to rise to Tk 163,000 crore in fiscal 2024-25 as the tax administration looks to ease the pressure on individuals and facilitate higher economic growth.

11m ago

No concrete steps to address inflation, low reserves: CPD

The proposed national budget for fiscal 2024-25 lacks concrete measures for addressing the current economic concerns, such as runaway inflation and depleting foreign exchange reserves, the Centre for Policy Dialogue (CPD) said yesterday.

11m ago

EFDs installed in 25,741 establishments till April

More such machines will be installed nationwide in phases

11m ago

Withdraw provision to legalise black money: TIB

Transparency International Bangladesh (TIB) today expressed shock and disappointment over the “unethical provision” in the newly announced budget that allows the laundering of black money disguised as undisclosed income

11m ago

Source tax halves on essential food supplies

Proposal has been placed to cut the tax deducted at source to 1% from July

11m ago

Tk 191cr allocation proposed for ACC

Finance Minister Abul Hassan Mahmood Ali has proposed an allocation of Tk 191 crore for the Anti-Corruption Commission (ACC) in the budget for the upcoming fiscal year 2024-25

11m ago

Proposed budget for FY25 very timely

CSE Chairman Asif Ibrahim says in his budget reaction

11m ago

Expatriate workers left in the lurch

Budget fails to address their woes

11m ago

Govt servants to come under Universal Pension Scheme

All government officials who will be recruited after July 1 next year will be incorporated in the universal pension scheme

11m ago

ICT sector hails extension of tax exemption

Extending the tax exemption until 2031 would better support Bangladesh's goal of becoming an upper-middle-income country and enhance the IT sector's capacity in domestic and global markets

11m ago

Tk 100cr allocation proposed for tackling climate crisis

Finance Minister Abul Hassan Mahmood Ali has proposed to set aside a special allocation of Tk 100 crore for climate change and environmental protection in the national budget for the fiscal year 2024-25

11m ago

No VAT on aircraft engine parts, propellers

Proposes budget; operators welcome the move

11m ago