national budget 2022-23

VAT reduction extended for cylinder makers

The National Board of Revenue (NBR) has extended for another year a value added tax (VAT) reduction for local liquefied petroleum gas (LPG) cylinder manufacturers, who believe it would help keep fuel prices low against rising demand.

June 21, 2022
June 21, 2022

9 out of 10 Bangladeshi children want more education, health allocation: Unicef survey

Nine out of ten Bangladeshi children say it is very important for the government to spend more on education, health and other areas that directly impact children, according to a new survey of Unicef.

June 12, 2022
June 12, 2022

VAT reduction extended for cylinder makers

The National Board of Revenue (NBR) has extended for another year a value added tax (VAT) reduction for local liquefied petroleum gas (LPG) cylinder manufacturers, who believe it would help keep fuel prices low against rising demand.

June 11, 2022
June 11, 2022

Only 5.43% of total budget allocated for health sector

The health sector was yet again neglected in the national budget, with Finance Minister AHM Mustafa Kamal earmarking around Tk 36,864 crore -- 5.43 percent of the total budget -- for the sector.

June 10, 2022
June 10, 2022

Budget 2022-23: Inflationary concerns not addressed adequately

If one looks at the inflationary measures that are proposed in the FY2022-23 budget, there are ample reasons to be frustrated.

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

Pay tax timely or lose utility connections

From the next fiscal year, the tax authority is going to introduce a provision of disconnecting utility services of taxpayers for their failure to pay undisputed revenue demand of the government.

June 9, 2022
June 9, 2022

Wheelchair, hearing aid to be cheaper

The prices of specialised wheelchair for the physically challenged may fall in the next fiscal year as the finance minister today proposed abolishing all kinds of taxes at the import stage of the item.

June 9, 2022
June 9, 2022

ICT Division get increased allocation of Tk 274 crore

According to the budget for the fiscal year 2022-23, it has been proposed that Tk 1,917 crore will be allocated for the ICT Division.

June 9, 2022
June 9, 2022

Broadband likely to be more expensive

A 10 percent supplementary duty on the import of optical fiber cable has been proposed in the new budget for FY 22-23. Md Imdadul Hoque, President of Internet Service Providers Association of Bangladesh (ISPAB), says that the increased taxation on optical fiber import will increase the price of broadband internet in the country.

June 9, 2022
June 9, 2022

How will the prices of consumer electronics fare up?

While most consumer electronic products will see an increase in their prices, a few consumer electronics are expected to have reduced prices after the proposed budget for the fiscal year 2022-2023.