Bangladesh Budget 2021-22
Good words and bad math in the new budget
The budget for FY2022-23 is filled with rhetoric. But its credibility is poor because of its contradictions between the priorities and the actual allocations for education, agriculture, health, and the vulnerable population.
Microbus import tariff to be reduced
Finance Minister AHM Mustafa Kamal has proposed to reduce tariffs on microbus import to discourage the use of accident-prone vehicles like Nasimon and Karimon and to encourage the use of microbuses as an alternative public transport.
Tax exemption for ‘Made in Bangladesh’ products
Finance Minister AHM Mustafa Kamal has proposed to promote the “Made in Bangladesh” brand to accelerate establishment of mega industries and production of import-substitute industrial goods in the country.
Budget 2021-22: GDP growth target 7.25%; inflation rate expected to be 5.3%
The government has targeted a 7.2 percent growth of gross domestic product (GDP) in the 2021-22 fiscal year.
TIN must for buying savings certificate over Tk 2 lakh
To buy savings certificate over Tk 2 lakh, an investor will have to submit tax identification number (TIN).
Prices up, prices down
Finance Minister AHM Mustafa Kamal today proposed changes to duties on different products, which will result in increase and decrease in their prices.
Govt to expand health insurance for people below poverty line
The government will expand health insurance for people living below the poverty line, said Finance Minister AHM Mustafa Kamal while presenting the national budget today.
Budget for coronavirus-battered education sector unchanged
The allocation for the education sector in the proposed budget for the upcoming fiscal year of 2021-22 remains almost unchanged in terms of size and percentage of Gross Domestic Product (GDP), compared to the current budget.
Freedom Fighters’ allowance proposed to be increased to Tk 20,000
Honorarium for valiant Freedom Fighters will be increased from Tk 12,000 to Tk 20,000 in the next fiscal year, according to proposed budget for 2021-22.
Cabinet approves proposed national budget for FY 2021-22
The Cabinet at a special meeting today approved the proposed national budget for the fiscal year 2021-22.
50Th Budget of Bangladesh: Too weighed down to relish milestone
Today, Finance Minister AHM Mustafa Kamal unveils his third budget, which coincidentally is the 50th fiscal plan of independent Bangladesh.
Budget FY 2021-22: Covid-19 vaccination to get priority
The upcoming national budget for fiscal 2021-22 will be a deft exercise on saving lives while creating more avenues for livelihoods to cope with the fallout caused by Covid-19 pandemic.
