Bangladesh budget 2022-23

Only 5.43% of total budget allocated for health sector

The health sector was yet again neglected in the national budget, with Finance Minister AHM Mustafa Kamal earmarking around Tk 36,864 crore -- 5.43 percent of the total budget -- for the sector.

June 12, 2022
June 12, 2022

Bangladesh Budget 2022-23 for dummies

As an average millennial, what does the budget really mean to you? Terms, technicalities and jargon from the 343 chapters of the proposed budget are enough to send an average desk jockey into a tortuous-fuelled death spiral of confusion. This is why most reluctant millennials with no savings, or the capability to afford to own a home, remain unfazed by such fiscal highlights of the year. Unless, it disrupts the few pleasures they have in life.

June 11, 2022
June 11, 2022

Only 5.43% of total budget allocated for health sector

The health sector was yet again neglected in the national budget, with Finance Minister AHM Mustafa Kamal earmarking around Tk 36,864 crore -- 5.43 percent of the total budget -- for the sector.

June 10, 2022
June 10, 2022

Budget 2022-23: Inflationary concerns not addressed adequately

If one looks at the inflationary measures that are proposed in the FY2022-23 budget, there are ample reasons to be frustrated.

June 9, 2022
June 9, 2022

Pay tax timely or lose utility connections

From the next fiscal year, the tax authority is going to introduce a provision of disconnecting utility services of taxpayers for their failure to pay undisputed revenue demand of the government.

June 9, 2022
June 9, 2022

Wheelchair, hearing aid to be cheaper

The prices of specialised wheelchair for the physically challenged may fall in the next fiscal year as the finance minister today proposed abolishing all kinds of taxes at the import stage of the item.

June 9, 2022
June 9, 2022

ICT Division get increased allocation of Tk 274 crore

According to the budget for the fiscal year 2022-23, it has been proposed that Tk 1,917 crore will be allocated for the ICT Division.

June 9, 2022
June 9, 2022

Capital machinery duty to remain unchanged for small industries

The government proposed keeping the import duty for capital machinery unchanged at 1 per cent for the small and medium industries to give a boost to the sector.

June 9, 2022
June 9, 2022

How will the prices of consumer electronics fare up?

While most consumer electronic products will see an increase in their prices, a few consumer electronics are expected to have reduced prices after the proposed budget for the fiscal year 2022-2023.

June 9, 2022
June 9, 2022

5% advance tax on gold import goes

The government is set to withdraw a 5 per cent advance tax on the import of gold in the fiscal year of 2022-23 to encourage the import of the precious metal through formal channels and discourage smuggling.

June 9, 2022
June 9, 2022

Education budget only 1.83% of GDP

The allocation for the education sectors in the proposed budget for the upcoming fiscal year of 2022-23 has reduced in terms of the Gross Domestic Product (GDP).