National Budget 2020-21

June 11, 2020
June 11, 2020

Tk 29,247 crore proposed for health services, health education, family welfare

Finance Minister AHM Mustafa Kamal today proposed to allocate Tk 29,247 crore for the Health Services Division and Health Education and Family Welfare Division in the 2020-21 fiscal year.

June 11, 2020
June 11, 2020

No individual tax for income below Tk 3 lakh

The tax-free income limit for individual taxpayer has been increased in the proposed budget for FY 2020-21.

June 11, 2020
June 11, 2020

Gold prices may fall as finance minister proposes withdrawal of import VAT

The price of gold is likely to decline as Finance Minister AHM Mustafa Kamal today proposed withdrawal of VAT on import of gold.

June 11, 2020
June 11, 2020

Source tax rate from exports doubles to 0.5 percent

Exporters will face 0.5 percent tax at source of their export earnings from the next fiscal year as the existing 0.25 percent tax benefit is set to end this fiscal year, according to tax proposals...

June 11, 2020
June 11, 2020

Mobile phone users to pay more

Mobile phone users will have to pay higher bills as supplementary duty is set to increase to 15 percent from the existing 10 percent in the proposed budget for fiscal year 2020-21.

June 11, 2020
June 11, 2020

Tk 95,574 crore allocated for social safety net programmes

The government has allocated Tk 95,574 crore in the social safety net programmes, which is 16.83 percent of total budget and 3.01 percent of GDP in FY 2020-21. In last year’s revised budget, the...

June 11, 2020
June 11, 2020

Budget for coronavirus-battered education sector unchanged

The allocation for the education sector in the proposed budget for the upcoming fiscal year of 2020-21 remains almost unchanged in terms of size and percentage of Gross Domestic Product (GDP),...

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