Bangladesh National Budget 2019-20

June 15, 2019
June 15, 2019

Budget anti-people: Gonoforum

Gonoforum rejects the proposed national budget for 2019-20 fiscal terming it as frustrating and anti-people.

June 15, 2019
June 15, 2019

Manage deficit financing from other sources rather than banking channel: FBCCI

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) urges the government to manage fund from other sources rather than banking channel to finance the deficit financing in 2019-20...

June 15, 2019
June 15, 2019

TIB slams amnesty for black money

Transparency International Bangladesh (TIB) yesterday strongly condemned the proposed amnesty for black money in the budget for fiscal 2019-20 and termed it “unconstitutional, immoral and...

June 15, 2019
June 15, 2019

Pay more for digital delight

At a time when the government should be encouraging virtual businesses, Finance Minister AHM Mustafa Kamal has proposed 7.5 percent value-added tax on them in his budget for fiscal 2019-20, making...

June 15, 2019
June 15, 2019

Make new VAT law business-friendly

Leading business associations yesterday urged the government to ensure easy, hassle-free and business-friendly implementation of the new VAT law.

June 15, 2019
June 15, 2019

New budget to increase inequality

Terming the proposed national budget “highly ambitious”, the BNP yesterday said the people of the country would not accept the budget as it would increase inequality.

June 15, 2019
June 15, 2019

The affluent to benefit more

The budgetary measures for fiscal 2019-20 will favour the beneficiaries of “economic misrule” and hurt the middle and lower mid-income groups, the Centre for Policy Dialogue said yesterday.

June 14, 2019
June 14, 2019

Online shopping getting costlier for VAT slap

Amid growing popularity, online shopping is getting costlier soon for the proposed value added tax (VAT) imposed on it in the budget for fiscal 2019-20.

June 14, 2019
June 14, 2019

Growth-friendly, albeit unrealistic

The new budget is growth-friendly and has set ambitious goals but shied away from addressing the key challenges confronting the economy, said a number of economists in their immediate reactions. ...

June 14, 2019
June 14, 2019

Mega but slow

In 2010, the government decided to construct a 128-kilometre (km) metre gauge rail track to link Chattogram with tourist town Cox’s Bazar at a cost of Tk 1,852.35 crore.