Finance Minister AMA Muhith

Tax returns shoot up 33pc

Tax return submissions shot up 33 percent year-on-year to 18 lakh last fiscal year, marking the highest spiral in the last decade,
Muhith to quit politics

Finance Minister AMA Muhith has announced that he will retire from politics after the tenure of the incumbent government expires.
Defaulted Loans: 5 state-run banks hold nearly 43pc

Bad loans at five state-owned banks totalled Tk 56,283 crore as of June, Finance Minister AMA Muhith told parliament yesterday.
Finance minister shouldn’t have said this: CEC

Announcing the possible date of the national elections was not an “appropriate act” of Finance Minister AMA Muhith, Chief Election Commissioner (CEC) KM Nurul Huda says.
There's good chance JS polls will be held Dec 27

Finance Minister AMA Muhith yesterday said there was a good chance that the next parliamentary election would be held on December 27.
MPO enlistment not a good programme: Muhith

Finance Minister AMA Muhith tells parliament that the Monthly Payment Order (MPO) of the educational institutions is not a good programme as there are many forgeries in the system.
5% VAT cut on internet from July: Finance ministry

The Finance Ministry assures that value added tax (VAT) on using internet will be cut by about 5 percentage points at the end users’ level from the start of July.
Change of tone in treasury bench

Awami League lawmakers yesterday lauded the finance minister's role in the development of the banking and other sectors barely a day after they criticised him over scams and irregularities in the banking sector.
Muhith under attack in JS for mollycoddling banks

Opposition MPs continue their scathing attacks on Finance Minister AMA Muhith in Parliament for his 'failure' to restore discipline in the banking sector.
Muhith mum about scams in banking sector

Despite criticism from the opposition and government lawmakers over widespread irregularities in the banking sector, Finance Minister AMA Muhith yesterday in parliament kept mum about the issue.
Action if you call me ex-JP minister: Muhith

Finance Minister AMA Muhith warns to take proper steps if Jatiya Party members call him a former minister of the party again.
MPs blast Muhith for bank scams

Opposition and some of the ruling party lawmakers in the parliament criticises Finance Minister AMA Muhith for not stating any measures in the proposed budget for fiscal 2018-19 against irregularities in the financial and banking sectors.
Proposed budget implementable: Muhith

Finance Minister AMA Muhith says an implementable budget has been proposed for Fiscal Year 2018-19.
CPD criticises lowering corporate tax for banks, financial institutions

The Centre for Policy Dialogue (CPD) in its analysis of the National Budget for FY 2018-19 strongly opposes the government’s move to lower corporate tax rate for banks, insurance and financial institutions by 2.5 percent in the proposed budget.
To win votes with bluff: BNP’s take on budget

BNP strongly criticises the budget Finance Minister AMA Muhith placed in the parliament, saying it is imaginary and aimed to gain popularity ahead of the election.
Muhith wants to have Facebook, Google, Youtube under tax net

Finance Minister AMA Muhith proposes introduction of new provisions in the tax laws over the taxation of virtual and digital sectors, such as Facebook, Google, Youtube, on their incomes earned in Bangladesh.
Imported mobile handsets to be costlier

Imported mobile phone handsets will be costlier as Finance Minister AMA Muhith proposes to increase 1 percentage point surcharge in his budget speech for fiscal 2018-19.
Wounded freedom-fighters, families to get Tk 400cr

Finance Minister AMA Muhith proposes to allocate Tk 400 crore in 2018-19 fiscal to support insolvent war-wounded and sick freedom-fighters or their spouses, children or grand-children.
Budget: Prices up, prices down

Finance Minister AMA Muhith proposes changes to duties on different products, which will result in increase and decrease in their prices.
Muhith sets record placing 10 consecutive budgets

Finance Minister AMA Muhith becomes the first finance minister in Bangladesh history to present 10 consecutive national budgets.
Parliament enters into budget session

The last budget Session of the 10th Parliament that begins will continue till July 12.
Muhith set to place ‘Tk 468,200 cr’ mega budget Thursday

Finance Minister AMA Muhith is set to place a mega budget of around 'Tk 468,200 crore' in Parliamenton Thursdayfor the fiscal year 2018-19 amid the fast approaching national election.
Muhith makes MPO pledge

Finance Minister AMA Muhith yesterday said some more private educational institutions would be brought under the Monthly Pay Order coverage in next budget with strict conditions as he criticised the education ministry for not reforming the MPO system.
Power tariff to be hiked soon: Muhith

The government is going to increase electricity tariff soon as the cost of raw materials has gone up, said Finance Minister AMA Muhith
Next budget to be of Tk 460,000cr: Muhith

The size of national budget for 2018-19 fiscal year will be Tk 460,000 crore, Finance Minister AMA Muhith says.
No new initiative in budget in election year: Muhith

Hinting at no major change in the upcoming national budget, Finance Minister AMA Muhith says that the ongoing measures in the revenue collection will continue in the next fiscal.
Govt to consider publishing loan defaulters' names

Finance Minister AMA Muhith in parliament says the government will consider in future to publish the names, addresses and identities of the bank loan defaulters periodically.
Quota system to be re-examined after budget: Muhith

Finance Minister AMA Muhith says the government will re-examine the quota system of the public service recruitment after the national budget.
Major progress in fighting graft within 10yrs: Muhith

Finance Minister AMA Muhith hopes that the country will attain major progress in fighting corruption within the next 10 years as the government has taken various steps to combat the social menace.
JS body seeks more money for defence

The chairman of parliamentary standing committee on defence yesterday urged the finance minister to increase defence budget.