budget
Why digitising our public services is so important
It is hardly a subject that is discussed in the public domain nowadays, but one recalls “Digital Bangladesh” being the centrepiece of the ruling party's electoral campaign in 2008 and onwards....
Prices down, prices up
The finance minister proposes changes to duties and taxes on different products, which will result in increase and decrease in their prices.
Electronic cash register outside district towns to be mandatory
To ensure deposition of VAT by traders outside district towns, the government has planned to make it mandatory for trading units outside the district towns to use Electronic Cash Register (ECR) and...
No change in tax-exempted income threshold for individuals
The government has decided not to bring any change to seven tax rates, which include tax-exempted income-threshold for individual tax payers.
Allocation for education: Muhith proposes 32% increase
The government has proposed raising allocation in the education sector by 32 percent to Tk 49,009 crore in the next fiscal year compared to the allocation in the outgoing FY.
Package VAT doubled for small traders
In face of protests from businessmen, the government has decided not to implement a flat VAT rate for small traders and instead almost doubled the package VAT.
Mobile phone use to get costlier
Cost for mobile phone use will increase in the next fiscal as Finance Minister AMA Muhith proposed to hike the duty on SIM card-related services to 5 percent.
Muhith unveils national budget for FY 2016-17
Finance Minister AMA Muhith has been unveiling Tk 340,605 crore national budget for the fiscal year 2016-17 – what is around 29 percent bigger from the current fiscal year.
Why is the education budget not larger?
On average, a teacher handles 50 students, when it should be no more than 30. Can it be denied that much more should be spent on primary education and at other stages of education?
Demand to hike budget for migrants, their families
Activists have demanded that the government increase budgetary allocation for migrants and their families in the upcoming national budget of 2016-17.
Cash incentive for furniture, plastic product exports
The government announces cash incentives on exports of furniture and plastic products in a bid to encourage the businesses to export more.