budget 2023-24
Inflation and not so SMART interest rates
The failure to tame inflation not only imposes a steep tax on the poor and the middle class, it also erodes economic competitiveness.
Budget not for common people
The members of parliament are not adequately involved in formulating the national budget even though they are an integral part of the parliament, Jatiya Party Co-chairman Anisul Islam Mahmud said yesterday.
Safety Net Budget Fy 2023-24: Spending just 1.01pc of GDP, not 2.52pc
On paper, Tk 126,272 crore, the amount earmarked for social safety net programmes, looks to be a hefty sum. But the sum flatters to deceive: as much as 60 percent would be going towards those not in dire need.
National Budget FY2023-24 / Cause for frustration for common people
There is not much in it to make us feel better in terms of its focus and measures.
Stress on forex reserves to ease soon: Kamal
Finance Minister AHM Mustafa Kamal today in his budget speech hoped that the ongoing stress in the foreign exchange reserves would improve in a short period of time.
Healthcare spending up by just 3.2% even as budget sees 12.34% rise
The allocation for the health sector in the proposed budget for the 2023-24 fiscal year has been reduced to approximately 5 percent of the national budget from 5.4 percent in the outgoing fiscal year
NBR proposes withdrawing duties on 425 import items
The National Board of Revenue (NBR) has proposed withdrawing supplementary duty (SD) on 234 imported goods and regulatory duty (RD) on 191 imported goods in fiscal year 2023-24 to aid Bangladesh’s graduation from a least developed country (LDC) to a developing one by 2026.
Govt aims to keep average inflation within 6%
In his budget speech for FY2023-24 at the national parliament today, Kamal said inflation would be largely controlled from here on.
Tk 100 crore to be allocated for skill development of youth and women
The finance minister presented the new budget for the fiscal year 2023-2024 in the parliament on Thursday.
Allocation for education dips
Education ministries got a chop for the next fiscal year as the proposed development allocation for them is lower than the allocation of the outgoing fiscal year.
Mobile handset prices to go up
The prices of mobile phones are set to increase in the upcoming fiscal as the government proposed raising value-added tax (VAT) on local production of handsets.
Cashew, dates could get pricier
Finance Minister AHM Mustafa Kamal today proposed imposing 15 per cent customs duty on cashew nuts and 25 per cent on both fresh and dried dates.
Property registration tax may double
Finance Minister AHM Mustafa Kamal today proposed doubling the property registration tax for the next fiscal year in order to increase the government’s revenue collection.
Phones, sweets, cigarettes, microwaves: What’s cheaper, what’s costlier
While placing the proposed national budget for the 2023-24 fiscal year today, Finance Minister AHM Mustafa Kamal has proposed changes to duties on different products, which will result in increase and decrease in their prices
EC’s budget raised by Tk 868cr in election year
The total budget for Election Commission increased by Tk 868 crore in the election year.
Watch: Bangladesh Budget 2023-24 live
Finance Minister AHM Mustafa Kamal unveils a proposed budget of Tk 761,785 crore for the 2023–24 fiscal year in the national parliament today.
Air travel tax surges up to 67%
Domestic air travellers will face a travel tax for the first time from 2023-24, while people going abroad will pay up to 67 percent higher taxes.
Govt raises tax-free income limit to Tk 3.5 lakh
Finance Minister AHM Mustafa Kamal today proposed increasing the tax-free income limit to Tk 3.5 lakh from the existing Tk 3 lakh for individual taxpayers for 2023-24 fiscal year.
Tk 761,785 crore budget unveiled
The proposed budget will be 15.2 per cent of the Gross Domestic Product (GDP), according to the budget speech of the finance minister.