bangladesh budget

Three major challenges

Former finance minister AMA Muhith has said his successor faces three major challenges: increasing the size of the national budget, realising more revenue and improving the banking sector.

June 5, 2016
June 5, 2016

Budget difficult to implement: Raushan

Terming the proposed 2016-17 national budget “highly ambitious”, Opposition Leader in the parliament Raushan Ershad says it will be very difficult to implement this big size budget.

June 5, 2016
June 5, 2016

No one in BNP to give reactions

The BNP that ruled the country for over 10 years in two terms since the restoration of democracy in Bangladesh in 1990 is struggling to come up with formal reactions to the proposed budget for...

June 4, 2016
June 4, 2016

Private investment biggest challenge

The challenge of attracting private investment remains as daunting as ever, as the proposed budget did not give any clear outline to

June 4, 2016
June 4, 2016

Ambitious targets set deliberately

Finance Minister AMA Muhith yesterday said he deliberately set an ambitious revenue generation target in the upcoming budget, hoping for more tax collection by the National Board of Revenue. ...

June 4, 2016
June 4, 2016

Allocation rises for digitisation

The proposed budget for the upcoming fiscal year increases investment in digitising government services by 36.01 percent year on year.

June 4, 2016
June 4, 2016

Hike in source tax ‘absurd’

The proposed 1.5 percent tax at source on export is 'absurd' and 'abnormal' as such a high rate might hamper the growth of local

June 3, 2016
June 3, 2016

An ambitious budget

The finance minister has presented the 45th annual budget of Tk3.4 trillion that is 29 per cent bigger than the last fiscal.

June 3, 2016
June 3, 2016

How will the government arrange the money?

I must say that the budget is too ambitious in terms of size. It's 15.5 percent larger than the current FY's initial budget and 29 percent higher than the revised one.

June 3, 2016
June 3, 2016

Budget anti-people

Opposition leaders yesterday termed the proposed budget for the next fiscal year anti-people and not feasible.

June 3, 2016
June 3, 2016

Super rich have to pay more taxes

The super rich would have to pay more tax as the budget proposed restructuring the surcharge on individual's net wealth and increase the maximum rate up to 30 percent.