Budget 2022-23

June 27, 2022
June 27, 2022

Legalising laundered money to cost even less

The government is likely to bring some changes in its budget proposals, including enabling one of its three offers at legalising laundered money to require even lesser tax payments.

June 22, 2022
June 22, 2022

Now laptops to be more expensive

Laptop users in Bangladesh are set for a bigger hit as the imposition of a 15 per cent value-added tax at the import stage of the essential digital device would lift the prices further. 

June 16, 2022
June 16, 2022

Budget 2022-23: Is the publishing industry only an inconsequential afterthought?

With the Russia-Ukraine war continuing and the (consequent) wave of inflation that has struck the world, serious concerns for

June 13, 2022
June 13, 2022

Stocks tumble despite corporate tax cuts

The domestic stock market took a dive yesterday, the first trading session since Finance Minister AHM Mustafa Kamal proposed the national budget for the fiscal year of 2022-23 in parliament on Thursday.

June 13, 2022
June 13, 2022

Education in budget 2022-23: Small mercies and dashed hopes

Educators and concerned citizens have been urging a major increase in public allocation for the education sector.

June 12, 2022
June 12, 2022

Corporate tax cut: Berger, Marico, United Power may miss benefit

The government has proposed a 2.5 percentage point cut in corporate tax rates for the listed companies in the national budget unveiled for the next fiscal year in a bid to develop the stock market and attract investments.

June 12, 2022
June 12, 2022

Budget to spur entrepreneurship

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has welcomed the proposed national budget for the upcoming fiscal year, saying some of the steps will help entrepreneurs.

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

Broadband likely to be more expensive

A 10 percent supplementary duty on the import of optical fiber cable has been proposed in the new budget for FY 22-23. Md Imdadul Hoque, President of Internet Service Providers Association of Bangladesh (ISPAB), says that the increased taxation on optical fiber import will increase the price of broadband internet in the country.

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.