big budget

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.

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.

June 3, 2016
June 3, 2016

Big dream, grim reality

Finance Minister AMA Muhith has really dreamt of a big budget in every respect -- from expenditure to revenue generation. And he no longer wants to live in the 6 percent GDP class to push beyond 7 percent. But his big dream promises to put extra pressure on people across the board, as he plans through his VAT and other tax proposals to extract that extra penny from every pocket.