fiscal year 2022-23

US$ 1.64bn remittance received in 21 days of July: Bangladesh Bank

Bangladesh received US$ 1.64 billion inward remittance till July 21, due to  Eid-ul-Azha when Bangladeshi migrants sent more money to families to celebrate one of the biggest festival of Muslims, according to data from Bangladesh Bank.

August 2, 2022
August 2, 2022

Export earnings rise 15% to $3.98 billion in July

Export earnings grew by 15 per cent year-on-year to $3.98 billion in July, the first month of the current fiscal year.

July 25, 2022
July 25, 2022

US$ 1.64bn remittance received in 21 days of July: Bangladesh Bank

Bangladesh received US$ 1.64 billion inward remittance till July 21, due to  Eid-ul-Azha when Bangladeshi migrants sent more money to families to celebrate one of the biggest festival of Muslims, according to data from Bangladesh Bank.

July 21, 2022
July 21, 2022

Govt targets lower export growth for global turmoil

Bangladesh is targeting a lower export growth in 2022-23 despite raking in a record $52.08 billion in the last fiscal year largely because of insignificant strides in products and markets diversification and ongoing global turmoil. 

June 19, 2022
June 19, 2022

VAT on mobile phones to burden consumers, employees: Experts

In the proposed budget for the fiscal year 2022-23, Finance Minister AHM Mustafa Kamal proposed to withdraw the 5% VAT exemption facility on the trading stage of mobile phones. Instead, VAT will be imposed at different individual stages of the mobile handset businesses—from production to retail. 

June 16, 2022
June 16, 2022

Raise tax-free income limit

The government should raise the tax-free income limit in the upcoming fiscal year to give some relief to people as they have hit hard by rising inflationary pressures, said speakers at an event today.

June 13, 2022
June 13, 2022

Ensure simple tax measures

Simplification of tax administration and proper infrastructure development are needed to attract more foreign direct investment (FDI) to Bangladesh, according to speakers at a roundtable on FDI prospects in view of the proposed national budget for the fiscal year of 2022-2023.

June 12, 2022
June 12, 2022

7.5pc GDP growth target unrealistic, says economist

The national budget for fiscal year 2022-23 predicted a gross domestic product (GDP) growth of 7.5 per cent, which is unrealistic and not objective, AB Mirza Azizul Islam, former adviser to the caretaker government, said yesterday.

June 10, 2022
June 10, 2022

Tax measures: Relief for the rich, burden for others

Over the last couple of months, various sections of society called upon the government to raise the tax-free income limit amid the rising cost of living.

June 9, 2022
June 9, 2022

Budget FY2022-23: How much did general people gain?

What percentage of public demand was reflected in the budget for the fiscal year 2022-23?

June 9, 2022
June 9, 2022

Tk 678,064 crore budget unveiled

Finance Minister AHM Mustafa Kamal unveiled a proposed budget of Tk 678,064 crore for 2022-23 fiscal year in the national parliament today.