National Budget 2019-20

Budget Discussion: Opposition slams govt over paddy price

Opposition lawmakers yesterday came down heavily on the government for its failure to ensure fair price of paddy and check money laundering, soaring loan defaults and black money.

June 14, 2019
June 14, 2019

Deficit financing to be expensive

The government has resorted to deficit financing, largely through bank borrowing and sale of high-cost savings certificates, increasing the interest payment burden on its shoulders and fuelling...

June 14, 2019
June 14, 2019

Gas subsidy to double

Finance Minister AHM Mustafa Kamal yesterday proposed doubling the subsidy for the gas sector to Tk 9,600 crore for 2019-20, from Tk 4,500 crore in the previous year.

June 14, 2019
June 14, 2019

Long on promises, short on specifics

All eyes were on fever-stricken Finance Minister AHM Mustafa Kamal as he stepped into parliament to unveil his maiden national budget yesterday.

June 14, 2019
June 14, 2019

A little for the jobless

More than a year ago, when Mohammad Zayed graduated from a university college in the capital, his family started expecting that he would soon take over the financial responsibility.

June 14, 2019
June 14, 2019

Growth-friendly, albeit unrealistic

The new budget is growth-friendly and has set ambitious goals but shied away from addressing the key challenges confronting the economy, said a number of economists in their immediate reactions. ...

June 14, 2019
June 14, 2019

‘Most shoddy food items taken off shelves’

Bangladesh Food Safety Authority (BFSA) has prepared a report claiming that it has removed most of the 52 substandard food items from the market across the country and filed 52 cases against the...

June 14, 2019
June 14, 2019

Mega but slow

In 2010, the government decided to construct a 128-kilometre (km) metre gauge rail track to link Chattogram with tourist town Cox’s Bazar at a cost of Tk 1,852.35 crore.

June 14, 2019
June 14, 2019

Mobile phone calls may get costlier

Mobile phone services are likely to become costlier from today due to increased taxes. ...

June 14, 2019
June 14, 2019

THE BIG FOUR

THE BIG FOUR

June 14, 2019
June 14, 2019

New VAT Regime New concern for consumers

Shifting from its initial plan to slap a uniform rate, the government has finally proposed four rates of Value Added Tax to please businesspeople and take them on board to implement the new VAT law...