National Budget 2020-21

June 11, 2020
June 11, 2020

No talk on crisis in mega projects during budget session

Despite major projects in transport sector being either halted or delayed due to the coronavirus outbreak, no course of action was chalked out during the budget session today on the projects.

June 11, 2020
June 11, 2020

Budget 2020-21: Middle class left out as always

Save for a slash in the income tax, there is no respite in this year’s budget for penny-pinching middle class families.

June 11, 2020
June 11, 2020

RMG export: 1pc additional cash incentive to continue, source tax hiked to 0.5pc

Finance Minister AHM Mustafa Kamal has proposed continuation of 1 percent additional cash incentive for the country’s garment export in 2020-21 fiscal year too, considering the economic fallout...

June 11, 2020
June 11, 2020

E-Judiciary project proposed for reducing time and costs

Finance Minister AHM Mustafa Kamal today proposed the implementation of an E-Judiciary project to reduce time and costs for litigants in the country.

June 11, 2020
June 11, 2020

Tk 568,000 crore budget unveiled; 8.2pc GDP growth target set

Finance Minister AHM Mustafa Kamal today placed Tk 568,000 crore national budget for 2020-21 fiscal with an ambitious target of 8.2 percent GDP growth amid the economic fallout due to the...

June 11, 2020
June 11, 2020

Continue giving 2% cash incentives on remittance: Finance minister proposes

Finance Minister AHM Mustafa Kamal has proposed continuation of the 2 percent cash incentive on remittance sent by Bangladeshi migrants.

June 11, 2020
June 11, 2020

Tk 100 crore health research fund proposed

Finance Minister AHM Mustafa Kamal today proposed to form an Integrated Health-Science Research and Development Fund’ of Tk 100 crore to finance the development of research in health-education and...

June 11, 2020
June 11, 2020

Tobacco products to become costlier in FY 2020-21

Cigarettes will be costlier as the finance minister AHM Mustafa Kamal proposed to increase supplementary duty on tobacco consumption.

June 11, 2020
June 11, 2020

Chartered flights to become costlier; supplementary duty hiked to 30pc

Finance Minister AHM Mustafa Kamal has increased supplementary duty from 25 percent to 30 percent in the proposed budget for 2020-21 fiscal which would result in costlier operation of special...

June 11, 2020
June 11, 2020

Disaster management and relief budget to be decreased in upcoming fiscal year

Despite much of the south-western parts of the country still reeling from the shock and damage of Cyclone Amphan, Finance Minister AHM Mustafa Kamal today proposed a reduction in allocation in...