2015-16 budget

Prices down, prices up

The finance minister proposes changes to duties and taxes on different products, which will result in increase and decrease in their prices.
2 June 2016, 15:06 PM

REPORT CARD ON MR. MUHITH

AL'S affable finance minister is a lucky man having done the national budget more number of times than any other finance minister.
7 July 2015, 18:00 PM

Rampal plant no threat to Sundarbans: PM

Prime Minister Sheikh Hasina says if there was any possibility of adverse effects on the Sundarbans due to Rampal power plant, the government would not have decided to construct the plant.
29 June 2015, 14:13 PM

Money for unsettled audit objections double of budget: Muhith

The number of unsettled audit objections against 55 ministries or divisions is 8,53,314 involving Tk 6,15,606 crore which is almost double of the proposed budget of the next fiscal year.
27 June 2015, 12:42 PM

An unconventional perspective

In any case, the lowering of corporate tax is bad for the economy holistically as it will serve to widen inequality between the super-rich and the waged worker.
26 June 2015, 18:00 PM

Menon deplores govt’s failure to curb graft

Expressing dissatisfaction over government's failure to ensure good governance, Rashed Khan Menon saysthe country's GDP growth rate will rise by 2.5 percent if corruption can be curbed effectively.
25 June 2015, 12:36 PM

Thinking Ahead

There are very few programmes that exclusively target the extreme poor. A background paper has revealed the actualw amount allocated in the budget for the extreme poor may be even below 1 percent of the GDP.
22 June 2015, 18:00 PM

Cutting interest rate on savings will affect all: Matia

Agriculture Minister Matia Chowdhury sharply criticizes finance minister AMA Muhith for proposing to cut the interest rate on all saving certificates in the proposed budget for 2015-16 fiscal.
20 June 2015, 13:44 PM

Budget 2015-2016: GDP growth and private investment

Bold and aggressive measures are needed to establish specialised economic zones to attract private investment. Large scale public investments are required for special economic zones. Thus, the call for very ambitious growth target for revenue seems justifiable.
17 June 2015, 18:00 PM

Predictable yet unachievable

Writing on budget has become a challenge for me not only because so much has already been discussed, but there is barely anything original in the budget.
14 June 2015, 18:00 PM

Recapitalisation of state banks encourages wrongdoers: Amir Khosru

BNP leader Amir Khosru Mahmud Chowdhury criticises the government for recapitalising the state-owned banks despite their non-stop financial malpractices.
13 June 2015, 11:32 AM

Budgetary allocation for people with disabilities

Jatiya Pratibandi Forum (JPF), in a press conference on Sunday, highlighted that there has not been any significant allocation for development of people with disabilities in the national budget...
8 June 2015, 18:00 PM

Proposed duty on sugar import to go

The proposed additional customs duty on sugar import will be withdrawn says the Finance Minister AMA Muhith
5 June 2015, 16:13 PM

Revenue collection target high but achievable: Muhith

Finance Minister AMA Muhith says the revenue collection target of the proposed for fiscal 2015-2016 is high, but achievable.
5 June 2015, 11:11 AM

BGMEA urges govt to withdraw tax hike at source

Readymade garment manufacturers oppose the government’s plan to hike tax upon them and urged for its withdrawal for the “sake of the industry”.
5 June 2015, 09:23 AM

Tk 200cr for enclave people

The finance minister proposes allocating Tk 200 crore for expediting development in the enclaves in the upcoming fiscal year.
4 June 2015, 14:03 PM

100 economic zones to be set up in 15 years

The government has set an ambitious target of setting up 100 economic zones in the next 15 years, says the finance minister in his budget speech today.
4 June 2015, 13:01 PM

Source tax withdrawn from bond, bills

The government finally takes initiative to develop a bond market in the country.
4 June 2015, 12:00 PM

VAT exemption for local industries

The government proposes to withdraw value added tax (VAT) on a number of products and services to encourage local industries grow further.
4 June 2015, 11:56 AM

Bangladesh to send first satellite by 2016

The government plants to develop and launch the country’s first satellite “Bangabandhu Satellite-1” by 2016, says Finance Minister AMA Muhith.
4 June 2015, 11:55 AM