Bangladesh National Budget 2018-19 | The Daily Star

  • Budget pro-people: AL

    Awami League General Secretary Obaidul Quader today said the proposed budget for fiscal 2019-20 is pro-people and there is no negativity in it.

  • Bangladesh Road Transport Bill 2018 placed in Jatiya Sangsad

    JS passes national budget FY 2018-19

    The Jatiya Sangsad passes the proposed Tk 4,64,573 crore national budget for 2018-19 fiscal year.

  • Bangladesh Road Transport Bill 2018 placed in Jatiya Sangsad

    Minister suggests lowering prices of liquor

    Housing and Public Works Minister Engr Mosharraf Hossain suggests cutting down customs duty on liquor for the sake of flourishing tourism in the country.

  • Remittance decreases

    No VAT on remittance: NBR

    No VAT or tax has been imposed on remittance in the proposed budget for 2018-19 fiscal year, the National Board of Revenue (NBR) says.

  • 49 women MPs take oath tomorrow

    Why silent on troubled banks?

    In a rare show of anger and frustration, some ruling party and opposition lawmakers blasted the finance minister in parliament yesterday for his complete silence on the widespread irregularities in the banking sector during his budget speech.

  • Bangladesh Road Transport Bill 2018 placed in Jatiya Sangsad

    MPs blast Muhith for bank scams

    ​Opposition and some of the ruling party lawmakers in the parliament criticises Finance Minister AMA Muhith for not stating any measures in the proposed budget for fiscal 2018-19 against irregularities in the financial and banking sectors.

  • South Asian Network on Economic Modeling-SANEM

    No directions on SDGs in proposed budget: SANEM

    The proposed budget for fiscal 2018-19 does not have any directions to meet the Sustainable Development Goals (SDGs), South Asian Network on Economic Modeling (SANEM) says.

  • Tax measures to hurt middle class

    The proposed budgetary measures for fiscal 2018-19 will benefit the high and low income people, leaving the middle- and lower middle-class, which form the majority of Bangladesh's population, strained, said the Centre for Policy Dialogue yesterday.

  • Finance Minister AMA Muhith

    Challenging but achievable

    With the budget implementation rate falling consistently for the last seven fiscal years, Finance Minister AMA Muhith yesterday said the government would achieve the targets in the proposed budget even though its execution starts in an election year.

  • NBR Logo

    It's printing mistake

    Online shopping will be excluded from the purview of the 5 percent value-added tax that was proposed on virtual businesses in the budget for 2018-19.

  • MCCI upset over proposed corporate tax structure

    Metropolitan Chamber of Commerce and Industries (MCCI) expresses discontent over the proposed corporate tax structure in the budget for fiscal 2018-19.

  • Jute mills to be revived by PPP initiatives

    The government will bring an end to the vulnerable situation public jute mills are in by running those under the public private partnership (PPP) model.

  • A little for stock investors

    A corporate tax cut for listed banks, insurance companies and financial institutions and announcement of development measures for the bond market are the only achievements of stock investors from the budget announced for FY 2018-19.

  • Corporate tax to rise for apparel

    The proposed rise in corporate tax will hurt the flow of fresh investment into the garment sector as entrepreneurs will feel discouraged to inject fresh funds, said the top leader of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) yesterday.

  • Health sector uncared for

    Asad Kazi of Bagerhat was advised dialysis for kidney disease. His wife Hawa told doctors that they wanted medicinal treatment as dialysis would cost them Tk 7,000 a month on average.

  • Education lacks due attention

    As the government had formulated National Education Policy immediately after coming to power in 2009, educationists started advocating for spending at least six percent of the GDP for education.

  • DIGITAL SERVICES: When popular, made pricier

    Customer will have to pay more for products and service bought from one's mobile phone as the government yesterday introduced a 5 percent value-added tax on those from next fiscal year and also raised the surcharge on handset imports.

  • Lofty goals, fragile base

    It looks like another repeat story. We had a big budget that failed to achieve its targets. Now we are pushing for a bigger one with higher targets. But with the ground reality remaining the same, are we to see a story foretold for the next year?

  • Interest burden getting heavier

    Interest payments get the fourth highest allocation, which is also higher than the combined allocation for health, social security and welfare in the proposed budget for 2018-19.

  • Jobs there, not right skills

    Samidul Haque obtained a BBA degree from a private university a year ago.

  • Business-as-usual budget

    Finance Minister AMA Muhith presented the FY2018-19 national budget to parliament yesterday. This is a historic event in the sense that it is his tenth consecutive budget that reflects the continuity in fiscal management.

  • History of Budget

    National Budget 2018-19 ....

  • New squeeze for middle class

    Shifa Hosne and her husband have been saving up money to buy a small flat in the city, where property price is already way beyond the capacity of service holders with fixed income.

  • Digital marketing to come under tax net

    The government plans following in Europe's footsteps to tap digital marketing's popularity, with Finance Minister AMA Muhith yesterday proposing introducing provisions on taxing earnings of networking tech giants such as Facebook, Google and Youtube.

  • Supplementary Budget: Muhith says sorry for inadequate discussions

    For the first time in Bangladesh, a finance minister apologised for his inability to create an opportunity to hold elaborate discussions on supplementary budget in parliament.

  • Raising revenue an uphill battle: businesses

    Chamber and trade body leaders yesterday said the government would struggle to generate higher revenue in the course of implementing the budget in the election year.

  • Bowing to banks

    The government is continuing to treat banks with kid gloves instead of going tough on them for the rampant financial irregularities and continued poor judgement.

  • Rich to be barred from buying savings tools

    The government is going to connect the national savings certificate (NSC) buyers' database with that used in the creation of national identity (NID) cards to prevent the certificates from going into the hands of ineligible people.

  • No cheers in tax measures

    Every year when the budget is placed in the parliament, Taufiq Hasan, a 35-year-old private sector employee, gets all worked up about which products and services he would have to pay more the following fiscal year.

  • Budget not realistic: analysts

    The proposed budget for the next fiscal year is unrealistic, as it lacks significant structural and policy changes, analysts said in their immediate reaction yesterday.

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